London news and trends

City of London Seeks to Boost Competitiveness, Foreign Investment
International // May 22, 2024

The City of London, the administrator of the financial district of the United Kingdom, is reportedly grappling with concerns about the district’s competitiveness and the need for foreign investment. The city’s policy leader, Chris Hayward, emphasized the importance of attracting foreign investment to boost growth and enhance...

Stripe Steps Up UK Expansion With London Office
Digital Payments // May 21, 2024

Stripe is reportedly opening a new London location as part of a larger U.K. expansion. This new office will house 250 workers from the payments company’s engineering, sales, partnerships, financial compliance and operations departments, with plans to hire 30 more workers, Stripe President and Co-founder John Collison told Bloomberg...

Revolut CEO: London Could Lose FinTech Hub Status
International // March 06, 2024

Revolut’s new U.K. CEO wants to make sure London remains a FinTech hub. Speaking to Bloomberg News Wednesday (March 6), Francesca Carlesi warned that the British capital risks losing out to Paris and New York in the race to woo startups. This week, the report...

As Hybrid Work Impacts Urban Retail, London Looks to Offer Rent-Free Shops
Retail // July 31, 2023

During the pandemic, many fled the city to live the suburban life. Today, urban commercial real estate companies are struggling to fill their spaces with enticing retailers that will encourage consumer foot traffic.   Some, however, are willing to make bold bets by bucking the eCommerce...

Interviews & Exclusives
What Will London’s Place Be in the Future of Global Clearing?

July 13, 2022
Investors would argue that New York, home to the two largest stock exchanges in the world, is clearly the nerve center of the global economy. Others might point to Hong Kong as the engine of international commerce thanks to its deep ties with the world’s largest economies and critical role as the preeminent East-West trade […]

London’s FinTech Scene Leverages Opportunity, Talent and Diversity to Stay on Top

September 10, 2021
Back in the days when co-working meant making a cappuccino in Starbucks last an entire morning, London’s digital entrepreneurs were much more of a curiosity than a community. In the...

Divido’s Smart Path To POS Financing Growth

June 12, 2017
Installment loans in retail are not new – they’ve been around in some form for the last three or four decades.  But as Divido co-founder Christer Holloman told PYMNTS’ Karen...

Mind The Brexit Gap In Clarity, Please

June 30, 2016
We wanted to know how the FinTech folks on the ground really fell about Brexit and what it means for the future of FinTech. Ralph Dangelmaier, CEO of BlueSnap, is...

Quick Reads
Report: Shein Confidentially Files for IPO in London

June 24, 2024
Shein has reported confidentially filed for an initial public offering (IPO) in London. This move doesn’t necessarily mean the IPO will happen in London, as Shein would prefer to go public in the United States, CNBC reported Monday (June 24), citing unnamed sources. Shein did not immediately reply to PYMNTS’ request for comment. The company […]

City of London Seeks to Boost Competitiveness, Foreign Investment

May 22, 2024
The City of London, the administrator of the financial district of the United Kingdom, is reportedly grappling with concerns about the district’s competitiveness and the need for foreign investment. The city’s...

Stripe Steps Up UK Expansion With London Office

May 21, 2024
Stripe is reportedly opening a new London location as part of a larger U.K. expansion. This new office will house 250 workers from the payments company’s engineering, sales, partnerships, financial compliance and operations...

Revolut CEO: London Could Lose FinTech Hub Status

March 06, 2024
Revolut’s new U.K. CEO wants to make sure London remains a FinTech hub. Speaking to Bloomberg News Wednesday (March 6), Francesca Carlesi warned that the British capital risks losing out...