Digital bank ‘fell far short’ in carrying out adequate checks, says FCA watchdog
Swedish fintech’s transition comes as pressure mounts on core ‘buy now, pay later’ business model
Bank customers are notoriously sticky, which makes it hard for any newcomer to break into a developed market
London-based fintech reports rise in profits but plays down speculation of imminent IPO
Revolut and Monzo face steep challenges in a complex regulatory environment and competitive retail banking sector
Chief executive leaning towards New York listing, while board favours home market of London
If you’re offered options as part of your pay package, what questions should you ask?
Industry leaders say concerns over impact of technology are outweighing benefits such as productivity gains and cost cuts
Industry challenger breaks even for first time but makes higher provisions for bad loans
Companies such as Monzo, Starling and Revolut have transformed digital banking but traditional lenders still dominate the market
London-based digital bank raises $430mn from investors including CapitalG and HongShan
Fintech could finalise deal in next two weeks to raise as much as £350mn
New service will offer online retail bank customers access to three multi-asset funds of funds
Chancellor backs review of politically exposed persons regime, saying it should not be a barrier to entering public life
Money Clinic podcast would like to hear from listeners whose wedding plans are changing
UK digital bank posts pre-tax loss despite revenue boost driven by tripling of lending book
FT banking summit hears of sharp turnaround in fortunes after auditors’ fears for its future
TS Anil says unprofitable UK digital bank must press ahead with its big ambitions
Digital bank one of many companies changing work patterns as staff demand flexibility after pandemic
Valuation of start-up has soared to $4.5bn, underlining a rapid recovery in its fortunes
UK digital bank sees $500m funding round in sharp recovery after bruising start to pandemic
Regulatory roadblock deals blow to UK fintech’s global ambitions
Digital lender suffers second ‘going concern’ warning from auditors
Britain’s biggest digital banks are hoping the Covid-19 crisis has shifted consumers’ behaviour
Sometimes it’s good to be boring.
