A group of U.K. FinTechs has reportedly met with the country’s government with concerns about growth limits. At that meeting, Bloomberg News reported Saturday (Oct. 12) citing sources, representatives from companies including Revolut, Clearbank and Zilch warned City Minister Tulip Siddiq that Great Britain could fall...
The British treasury wants London-based FinTech Revolut to go public in its home country. That’s according to a report Friday (Aug. 16) by the Financial Times (FT), which says the treasury plans to play up the London market’s appeal in discussions with Revolut, now the...
As it currently stands, the proposed Financial Services and Markets Bill in the U.K. will give the Treasury and Financial Conduct Authority (FCA) a new mandate to protect access to cash services across the country. The new legislation is deemed important because bank branches and...
October 17, 2024
The U.K. government said Thursday (Oct. 17) that it aims to provide buy now, pay later (BNPL) users with many of the protections provided by other consumer credit products. It has launched a consultation on proposals to bring BNPL companies under the supervision of the Financial Conduct Authority (FCA) and apply the Consumer Credit Act, […]
October 13, 2024
A group of U.K. FinTechs has reportedly met with the country’s government with concerns about growth limits. At that meeting, Bloomberg News reported Saturday (Oct. 12) citing sources, representatives from...
August 18, 2024
The British treasury wants London-based FinTech Revolut to go public in its home country. That’s according to a report Friday (Aug. 16) by the Financial Times (FT), which says the...
