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Fintech

September 2024

  • Nikolay Storonsky speaks at the Web Summit in Lisbon

    Revolut founder sells shares ‘worth up to $300m’ in fintech company

    Nik Storonsky reportedly sold 40- 60% of the stock offloaded in August secondary share sale
  • A dark mystery hand typing on a laptop

    ‘I couldn’t sleep’: victims of UK fraud epidemic tell their story

    With banks set to slash the maximum refund, those who fell prey to scammers recount their trauma … and relief at full repayment
  • A person uses a laptop keyboard.

    UK reportedly poised to slash amount banks must refund to fraud victims

    Regulator said to be planning cut to maximum amount available to victims from £415,000 to about £85,000

August 2024

  • Revolut logo on a smartphone

    Fintech firm Revolut valued at $45bn in employee share sale

    Staff in line for $500m windfall, with company now worth more than market valuations of big high street banks

May 2024

  • A sign for a buy now, pay later app

    US to apply consumer protection rules to buy now, pay later lenders

    Installment repayment programs like Affirm, Karna and Afterpay are getting more oversight amid sharp rise in use

March 2024

  • a credit card touches a payment terminal

    Millions more in cash needed to fund UK’s open-banking watchdog

    Exclusive: £10m needed for regulator charged with developing tools to thwart financial crime and protect consumers

December 2023

  • Woman holds smartphone with Revolut app in front of displayed Revolut logo

    Fintech firm Revolut hit by £25m loss after hiring spree

    Firm gave near 80% pay increase to founder despite uncertainty over approval of UK banking licence

November 2023

  • A smartphone displays a Klarna logo

    Buy now, pay later firm Klarna reports first quarterly profit in four years

    Swing to profit of £9.6m by Swedish firm improves its fortunes in run-up to possible £12bn flotation

May 2023

  • Kirsty Major

    Trading platforms sell the dream of making big money fast. The reality can be far more brutal

    Kirsty Major
    With wages stagnating, people are turning to complex financial products known as CFDs, says Guardian deputy Opinion editor Kirsty Major

March 2023

  • A Revolut logo

    Fintech firm Revolut moves closer to UK banking licence after first annual profit

    Company criticised for late filing of accounts made profit of £26.3m in year to December 2021

February 2023

  • Revolut, which was co-founded by Nikolay Storonsky, left, has been praised by chancellor Jeremy Hunt, right.

    Revolut: can the chancellor’s fintech favourite fix its image problem?

    The UK’s would-be ‘Amazon of banking’ run by Nikolay Storonsky has raised alarm over delayed accounts, EU regulatory fines, its co-founder’s Russian ties and issues with staff

January 2023

  • Revolut’s co-founder and chief executive, Nik Storonsky,

    Fintech firm Revolut assembles behavioural team after criticism of its corporate culture

    Exclusive: Company denies creation of team to track overhaul is part of effort to secure UK banking licence

December 2022

  • People take photos by a Bored Ape Yacht Club NFT billboard in Times Square in New York City.

    Investors convert ‘totally worthless’ NFTs into tax write-offs

    A new service offers a way to offset losses from NFTs during a grim crypto winter that saw demand for digital collectibles vanish
  • Nils Pratley

    Nils Pratley on finance
    Bitcoin has rallied. What are crypto’s true believers still smoking?

    Nils Pratley
    FTX’s filing for bankruptcy was an existential event – and may signal the moment when grown-up thinking re-entered the room
  • Boris Johnson

    Boris Johnson hails blockchain ‘possibilities’ at Singapore conference

    On post-No 10 lecture circuit, former PM says there must be ‘measures to protect public from Ponzi schemes’

September 2022

  • UK Government Prepares To Deliver Road Map Out Of Lockdown<br>LONDON, ENGLAND - FEBRUARY 21: Empty outdoor seating at the Serpentine Bar &amp; Kitchen, Hyde Park, on February 21, 2021 in London, England. The British government is expected to announce tomorrow its plans for easing current lockdown measures, as covid-19 cases decline. (Photo by Hollie Adams/Getty Images)

    How Tide’s determined rise cost UK taxpayers millions

    The fintech gained a wave of new customers after signing up to the Covid bounce back scheme, but now a third of the loans it made have gone bad

August 2022

  • A smartphone displays a Klarna logo in this illustration taken in 2020

    Klarna losses more than triple as consumer spending slows

  • An electronic board of a cryptocurrency exchange shows the price of bitcoin having nose-dived during a trading session in January

    Why is the Reserve Bank of Australia exploring digital currency options?

July 2022

  • CEO and founder of Starling bank Anne Boden

    Digital bank Starling reports first profit on back of strong loan book

  • Celsius Network logo on a smartphone screen

    Celsius Network: crypto firm reveals $1.2bn deficit in bankruptcy filing

About 62 results for Fintech