TransferGo scoops £4m in pre-Series C funding
International money transfer company TransferGo has secured £4m in funding from Silicon Valley Bank. The pre-Series C investment will fund…
20 Nov 2020
Starling set to be first European challenger bank to make a profit
UK-based digital bank Starling is on course to become the first retail challenger in Europe to ever to turn a profit after hitting break-even in October. The neobank, which has…
06 Nov 2020
Ant Group IPO on ice for six months – here’s why
Chinese fintech giant Ant Group was due to go public on Thursday in the largest IPO in history. Now, those plans are on hold after Chinese regulators torpedoed the listing…
03 Nov 2020
From west to east – the new tech entrepreneur’s journey
While many astonishing inventions have happened all over the world, location has always been important in tech advancements. Hotspots such as Silicon Valley, are where tech entrepreneurs and startup founders…
03 Nov 2020
PayPal Q3 results: E-commerce shift drives “one of the strongest” quarters in its history
Online payments company PayPal has reported strong earnings for Q3, thanks to the rise in e-commerce prompted by the pandemic. PayPal reports "one of the strongest" quarters in his Q3…
22 Oct 2020
TransferWise profits may hide future growth issues
Cross-border money transfer company TransferWise announced in September that net profit had doubled since last year. Its success was surprising, given the less-than-stellar performance of competitors Revolut, Starling, and Monzo,…
16 Oct 2020
Marqeta: 75% of banks have changed strategies due to Covid-19
Covid-19 has forced more than three-quarters of banks to change their future banking strategy, increasing their focus on digitisation. This is according to card issuing platform company Marqeta, which has…