Share
Regardless of your level of experience in trading, the time frame on which you choose to trade can significantly impact your trading strategy and returns. The debate on what time frame is best for trading is never-ending. One popular style of trading that you should consider is known as swing trading. What is swing trading…
Share
Revolut formally launches in the US today, undeterred by the biggest meltdown across global markets since the financial crisis more than a decade ago. The UK-based digital bank officially debuts its financial super app and debit card in America, allowing customers to transfer money internationally at interbank exchange rates and get their salaries paid two…
Share
Revolut has launched a money management app for children, which can be monitored by their parents. The digital bank, which claims more than 10 million users worldwide, said it was launching Revolut Junior, an app aimed at children and teenagers between 7 and 17, which also comes with its own bank card. London-based fintech, founded…
Share
The most famous woman in British fintech bustles into a City meeting room on the sixth floor of the bank she built. At five foot, Anne Boden (pictured), chief executive of Starling Bank, is a fizzing ball of kinetic energy, all smiles and hellos, an atom the moment before it splits. Boden, 60, will need…
Share
OakNorth almost doubled profit last year hitting £65.9m, as the challenger bank saw the number of savers who trust the business with their deposits jump more than a five-fold. The London-based start-up said pre-tax profit lifted from £33.9m in 2018 as the digital business bank continued to lend to ‘Missing Middle’ firms – “growth businesses…
Share
Trussle has hired a new boss, two months after its founder suddenly left the UK’s first online mortgage broker. The London-based startup has appointed Ian Larkin (pictured) as chief executive, who the company said brings “vast experience in retail and commercial financial services”. Larkin comes from business software services firm Target Group, where he spent…
Share
Thought Machine has raised $83m (£64.74m) in a funding round led by Draper Esprit as the UK fintech startup gears up for launches in the US and Asia Pacific. The cash call was led by the London-listed tech-focused venture capital firm that has also backed fintech unicorns Revolut, N26 and Transfwewise. Thought Machine provides banks…
Share
UK high street giant Royal Bank of Scotland (RBS) and challenger bank Monzo are both introducing news services that will allow customers to check their credit scores for free from their banking apps. RBS launched the feature earlier this week, NatWest, part of the RBS group follows, on 10 March, while digital rival Monzo rolls…
Share
Small business platform Iwoca has landed €100m from asset manager Insight Investment to lend to “several thousand small businesses” across Germany. The London-based fintech, founded by chief executive Christoph Rieche (pictured, right) and chief technical officer James Dear (pictured, left) in 2012, said new funds will provide additional credit in Germany where Iwoca is already…
Share
British digital banks, such as Monzo and Revolut, added more than a million customers a month in the last six months of the year to notch up almost 20 million customers in 2019. But despite that breakneck pace, the amount customers held in the accounts of these new app-only banks slumped by a quarter to…
