Fintech
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
Kalyeena Makortoff Banking correspondent
17, Mar, 2024 @12:06 PM
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
Kalyeena Makortoff Banking correspondent
22, Dec, 2023 @1:17 PM
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
Kalyeena Makortoff
06, Nov, 2023 @4:48 PM
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
Kirsty Major
03, May, 2023 @9:00 AM
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
Anna Isaac City editor
01, Mar, 2023 @11:30 AM
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
Kalyeena Makortoff and Anna Isaac
20, Feb, 2023 @5:00 AM
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
Kalyeena Makortoff Banking correspondent
16, Jan, 2023 @10:49 AM
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
Edward Helmore in New York
29, Dec, 2022 @2:17 PM
Bitcoin has rallied. What are crypto’s true believers still smoking?
FTX’s filing for bankruptcy was an existential event – and may signal the moment when grown-up thinking re-entered the room
Nils Pratley
14, Dec, 2022 @6:43 PM
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’
Rowena Mason Whitehall editor
02, Dec, 2022 @3:20 PM
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
Kalyeena Makortoff Banking correspondent
10, Sep, 2022 @3:00 PM
Klarna losses more than triple as consumer spending slows
Buy now, pay later firm will issue smaller loans to some customers to return to profitability
Kalyeena Makortoff Banking correspondent
31, Aug, 2022 @12:31 PM
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