Robinhood Launches Stock Lending in the UK
Robinhood expands UK offering with stock lending product. Stock lending provides passive income by renting out shares. Product launch follows…
Palm Raises $6.1 Million in Seed Funding
Palm secured $6.1 million in Seed funding. Platform reduces operating cash balances by over 30%. Investment round led by Speedinvest…
Palm Raises $6.1M to Enhance Cash Management
Palm secures $6.1M in seed funding for cash management. Funding will expand team and market presence. Platform reduces operational cash…
Mollie Seeks Closer UK-EU Relations to Boost Trade
Mollie supports warmer UK-EU relations for trade benefits. Brexit increased bureaucracy for cross-border transactions. Closer ties could simplify regulations and…
Bas Prass Joins GoDutch Banking as CMO
Bas Prass named CMO of GoDutch Banking. GoDutch emphasizes fairness and transparency in banking. Company quickly gains 1,500 users in…
UK Banking Tech Startup Reduces Annual Losses by 7%
10x reduced annual losses by seven percent to £55.1 million. The company secured £35 million in funding from existing investors.…
Klarna Plans Workforce Reduction Using AI Technology
Klarna leverages AI to halve workforce, improving efficiency. Adyen uses AI to enhance customer support and operational efficiency. AI integration…
Belfast Emerges as Key Location for Startups
Belfast is gaining recognition as a startup hub. 9fin expanded to Belfast, highlighting its potential. Supportive environment and local talent…
Revolut Secures $45B Valuation in Secondary Share Sale
Revolut agrees on a $45B secondary share sale. Major investors include Coatue and D1 Capital Partners. Revolut reports $2.2B revenue…
Revolut Valued at $45 Billion After Share Sale
Revolut's valuation reaches $45 billion after a secondary share sale. Employees benefit financially from the stock sale. UK government urges…