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FinTech
Revolut Eyes $75 Billion Market Debut with London and New York Listing
2025-09-29T19:16:44.254+02:00
The company serves 65 million users, including 12 million in the UK.
Regulatory changes allow fast-track FTSE 100 inclusion within five days for large firms.
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Revolut Eyes US Bank Buyout While Pumping £3B in the UK's Global HQ
2025-09-24T08:21:30.348+02:00
The UK financial services sector sees massive capital injection as government pushes a £110B growth agenda.
The fintech giant commits billions and 1,000 jobs while weighing a US bank acquisition to accelerate global expansion.
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CryptoCurrency
Seven Crypto ATMs Seized in Joint FCA and Police Operation in London
2025-07-17T14:21:10.129+02:00
The FCA says no crypto ATMs are currently registered for legal operation in the UK.
Two individuals were questioned and released as investigations continue.
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Retail FX
IG Wants to Save UK Capital Markets Amid Dire Listing Appetite
2025-07-02T14:28:57.720+02:00
London raised £74.7 million in Q1 from new listings, compared to the US's £8.9 billion. Paul Golden explores whether the city's capital markets can be saved.
He further weighs in on the possibility of market consolidation with T+1 settlement and how retail investment is increasing in private markets.
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Retail FX
London Market in “Terminal Decline”: Don’t Worry, IG Group’s Got a Rescue Plan
2025-06-26T12:56:38.938+02:00
The CFDs broker urges policymakers to scrap stamp duty and “reward those who back Britain”.
While it offers £100 in UK shares to new customers, IG is also paying 8.5 per cent interest on uninvested cash.
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FinTech
London’s Fintech FOMO: Treasury Woos Revolut and Monzo for IPOs
2025-05-14T11:05:31.969+02:00
UK government in talks with Revolut, Monzo, other fintech unicorns, to encourage IPOs.
London has struggled to retain big tech listings, with firms like ARM choosing NY instead.
Revolut and Monzo remain coy, while Treasury ramps up efforts to make UK more appealing.
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Trending
Revolut Sticks to Hybrid Work as It Moves to London HQ: Launches in Ukraine
2025-02-20T19:04:51.444+02:00
Despite industry trends pushing for office returns, the CEO stated: "We care more about what you do than where you do it."
Over €1 billion has been sent to Ukraine through Revolut since 2022, mainly from Germany, the UK, Poland.
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Institutional FX
This UK Fintech Aims to Centralize $300 Billion FX Options Market
2024-10-22T09:13:35.264+02:00
OptAxe launches an FCA-authorized multilateral trading facility for FX options in London.
The market relies heavily on voice trading and manual processes. OpteAxe wants to change that.
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Brokers
XM and Trading.com UK Operator Increases Revenue and Reduces Net Loss in 2023
2024-09-26T09:12:04.136+02:00
Revenue grew by 40% over the year, helping to cut loss by 20%.
However, the company failed to achieve profitability for another consecutive year.
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Retail FX
Revolut Moves HQ to Heart of London's Financial District amid Big Bank Departures
2024-06-13T09:28:34.727+02:00
The UK fintech is set to move into a new base in the YY London building in Canary Wharf.
The move comes as the company expands its workforce and awaits approval for a UK banking license.
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CryptoCurrency
Binance Seeks to Throw Out Major Part of $12.8 Billion London Lawsuit
2024-06-05T18:51:42.524+02:00
A London lawsuit accuses Binance, Kraken, and others of anti-competitive behaviour in delisting BSV.
The suit, with 200,000 BSV owners, alleges delisting hindered BSV from major status, seeking damages up to 9 billion pounds.
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FinTech
London OOH Showcases Visa's Partnership to Promote MyGuava Card
2024-05-24T15:19:40.131+02:00
Guavapay and Visa team up to promote the multicurrency Card, targeting digital-savvy Gen Z.
MyGuava Business provides multicurrency accounts, POS terminals, and payment gateway options.
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FinTech
Revolut Warns London’s Fintech Hub Status at Risk amid Rising Global Competition
2024-03-06T10:59:28.406+02:00
The company's new UK boss advocates for pro-startup policies.
Investment in the UK fintech drops 63%, but Revolut considers London for IPO despite challenges.
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Retail FX
Sexism in the City: London Brokers to Face Harassment Scrutiny
2024-02-07T11:38:58.390+02:00
Finance in London is still a "boys' club."
Women who want to join are exposed to harassment.
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Institutional FX
Nearly Half of $7.5T Daily Forex Transactions Take Place in London
2024-02-06T17:24:09.593+02:00
The UK FX market turnover rose to $2.928 trillion in Oct 2023, up 3% YoY.
London remained the top FX hub despite the impact of Brexit.
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Retail FX
NFA Fines Braemar Securities $140,000 for Lapses in Recordkeeping Compliance
2023-11-15T23:45:49.984+02:00
The regulator accused the broker of improper disclosure of customers' confidential information.
The NFA has emphasized the significance of safeguarding clients' sensitive data.
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Retail FX
London's Energy Surge vs. Paris's Luxury Slump: The Battle for Europe's Financial Crown
2023-10-03T12:54:30.596+02:00
London's financial district shows signs of resurgence, closing the gap with its European rivals.
However, the City still faces challenges, including capital outflows and lagging far behind the US in market cap and IPOs.
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Institutional FX
FSCS Warns against Fraudsters Targeting LCF Victims
2023-08-30T11:11:35.518+02:00
Fraudsters are sending letters to LCF victims impersonating FSCS.
FSCS closed the LCF compensation scheme on 31 October 2022.
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FinTech
Revolut Introduces Joint Account, Group Chat to Mobile App
2023-04-12T22:47:40.561+02:00
Recently, the digital bank reported its first full-year profit.
Revolut also launched 'soft test' version of its crypto staking service.
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Executives
Two Directors Resign from Trading 212’s Boards
2023-02-02T18:51:42.562+02:00
The Directors are Rajvinder Kaur Somal and Borislav Tzonkov Nedialkov.
Nedialkov co-founded Trading 212 in 2004.
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FinTech
Revolut to Release Delayed 2021 Financial Statement Next Year
2022-12-28T14:55:47.219+02:00
Revolut confirmed the development to Finance Magnates.
The neobank recently got DASP approval from CySEC.
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Executives
CXM Prime Gains FCA License, Appoints Muinmos’ Ashraf Agha as CEO
2022-12-27T21:22:12.590+02:00
The broker also hired Peter Wilson as the Head of Compliance.
Agha brings over three decades of industry experience to the role.
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Thought Leaders
Tickmill Hosted an Exclusive Event at The Shard in London
2022-12-15T16:07:21.264+02:00
Tickmill’s professionals were also on hand to discuss the company’s product offering.
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Institutional FX
FX Trading Becomes a $7.5T ADV Market, London Losing Steam
2022-10-28T10:15:32.082+02:00
FX volatility has pushed the market demand higher.
The US and Singapore are gaining global FX market share.
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Arnab Shome
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FinTech
Crypto Banking Startup BVNK Gains VASP Registration in Spain
2022-10-13T15:32:02.772+02:00
The registration comes five months after BVNK raised $40 million Series A.
BVNK sees the registration as springboard for expansion across the EU.
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