Latest News

Channel 4-backed fintech shuts down, searches for buyer

Clim8, which was founded in 2019 and has raised £17.4m to date, will no longer offer its...

Wednesday March 29, 2023

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London proves Brexit doubters wrong to clinch Europe finance crown

London has again clinched Europe’s financial centre crown, beating back glum predictions that...

Friday March 24, 2023

Is Revolut really worth $33bn right now?

Banking stocks are in freefall and Stripe’s valuation is down by half. So does Revolut’s $33bn...

Wednesday March 22, 2023

So why has Revolut been hit by a surge in scams?

Revolut provides current account banking where users can make payments online and in shops using...

Thursday March 9, 2023

Is AB InBev losing faith in craft beer?

In a move that has shaken up the independent beer sector, AB InBev has started to close down and...

Tuesday March 7, 2023

Food delivery firm Gousto plunged into governance storm after slashing valuation

Valued at $1.7bn 13 months ago, the meal-kit delivery business backed by Joe Wicks is now worth...

Sunday March 5, 2023

Revolut’s auditor warns 2021 revenues ‘may be materially misstated’

Crypto boom helped fintech to first annual profit

Thursday March 2, 2023

Revolut reports its first-ever year of profit

Revenues at the neobank nearly tripled, from £220m in 2020 to £636m in 2021. That meant the bank...

Wednesday March 1, 2023

After splitting with Kanye West, British audio startup Kano asks for funding

Kano, which sells hardware targeted at musicians and creatives, is launching a new equity...

Tuesday February 28, 2023

Europe's venture capital firms are facing a painful 2023 as some struggle to prove returns to LPs in bid to raise fresh capital

Smaller European VC funds having been struggling to raise new vehicles from LPs causing a...

Thursday February 23, 2023

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