British fintech Wise reports 280% jump in profit as higher interest rates boost income
British fintech Wise reports 280% jump in profit amid higher interest rates Source link
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Wise PLC
Wise shares spike 18% as higher interest rates help fintech triple profits
Wise said in a statement to the stock market that its profit before tax nearly tripled to £146.5 million ($186.5
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Western Union rival Zepz lays off 26% of employees as fintech cuts continue
Fintech group Zepz, which owns money transfer brands WorldRemit and Sendwave, is laying off 420 employees, the company told CNBC
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‘A very problematic market’: As Arm shuns London, tech investors question UK as an IPO destination
British chip designer Arm recently decided to list in New York, leading to worries that London will miss out on
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$33 billion fintech giant Revolut reports first-ever annual profit
Revolut reported revenues of £636.2 million in 2021, three times what it made the previous year, and swung to a
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Richard Branson takes a stake in Lightyear, a start-up hoping to become Europe’s answer to Robinhood
Lightyear, a stock trading app based in the U.K., has raised $25 million in fresh funding to expand its presence
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CEO of $4.8 billion fintech Wise faces investigation over tax breach
The probe could have significant ramifications for Wise and its chief executive. Source link
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