Fintech

Revolut, the global fintech, has been granted a UK trading licence by the Financial Conduct Authority (FCA), making the fintech an authorised investment firm with its Trading feature. Since 2019, Revolut has operated its Trading feature as an Appointed Representative with a Principal in the UK. This partnership allowed Revolut to offer an investment service through its […]

Android users are becoming more and more keen on money management apps finds app growth solutions company, SplitMetrics in its latest analysis on the Google Play Store. Money management apps burst onto the scene in 2022 as rising inflation left many worried about their finances and looking to budget. The sector added a total of 896,000 users in 2022 […]

Over the past decade, digital assets have come a long way. However, one area that has been severely neglected is inheritance: the few services that are available are costly and often involve ongoing fees for storage. Addressing this, Xapo Bank, the licensed bank that lets members bank with Bitcoin, is launching a beneficiaries solution to […]

Financial advice can be a sensitive topic – those giving it don’t want to mislead customers, while customers are wary about the level of trust they can place in their advisers. Nonetheless, done correctly, investing can be a very beneficial way for someone to use their funds. This November we are exploring all the aspects of […]

Cairo, Egypt – eNovate, formerly eCards, a subsidiary of eFinance Investment Group, has joined forces with Mastercard to bring Card-as-a-Service (CaaS) solution to the Egyptian market. The CaaS model will provide banks, non-financial institutions, universities and fintechs with a comprehensive suite of digital payments services. The collaboration will see eNovate leverage Mastercard expertise in payment technology […]

Shopify SHOP -0.54% ▼ and Block SQ +1.05% ▲ are two very different companies, yet both operate in the e-commerce and payments sectors, serving businesses in related ways. Over the past five years, their trajectories have been quite similar – both were major beneficiaries of pandemic tailwinds, only to face significant drawdowns as those effects faded. Using TipRanks’ Stock Comparison Tool, this article […]

Stocks took a breather on Thursday (Nov. 14), but the general trend of the FinTech IPO Index was up and to the right. This week, as has been seen through the last several weeks, earnings continued to roll in, as buy now, pay later (BNPL) continued to make a splash. Sezzle continued its torrid post-earnings pace. […]

The UK Fintech ecosystem has been ranked third in Q3 2024, despite decline in funding, according to an update from Tracxn. Fintech funding in countries across the globe continues to experience shifts in moment due to a wide range of factors including the rise of startups, the overall socioeconomic environment, government policies and regulations, as well […]

A year in the making, the NPV addresses the findings of the 2023 Future of Payment’s Review, outlining the government’s ambitions for building a payments ecosystem delivered on next generation technology that delivers economic growth. Tulip Siddiq, economic secretary to the Treasury, says: “The National Payments Vision…sets out the government’s ambitions for this vital sector, […]

AI giants such as OpenAI, Google, Anthropic, and others are struggling to build more advanced AI as their current methods reach their limitations, Bloomberg and Reuters reported this week. Companies have been facing delays, challenges an disappointing outcomes in their AI arms race of building advanced LLMs that outperform existing ones, like Chat GPT-4. Partially […]