Fintech company Wise broke a record last week when it debuted on the London Stock Exchange (LSE) by reaching a valuation of £8.75 billion.
Wise, former TransferWise, is about to go public on the London Stock Exchange through a direct listing.
For a few years now, consumer attitude towards finance and banking has been changing. A rapid rise in digital consumption has resulted in more technology and innovation than ever before, with total fintech investment in Europe skyrocketing to $58.1bn in 2019.*
FinTech unicorn Wise draws up plans for a dual-class share structure and plots a London float, Sky News reported.
The Fintech unicorn TransferWise has decided to ask investment banks to pitch in the new year for roles on an impending initial public offering (IPO), Sky News reported.
Biggest money transfer Fintech company TransferWise aims to add 750 jobs over the next six months.
HSBC is taking on the digital Fintech giants like TransferWise and Revolut with the launch of Global Money Account.
UK challenger Starling bank acquires Fleet mortgages as its first corporate acquisition.
Revolut junior vs. Starling Bank Kite? 🤔 Once again Everly - challenger bank news joined forces with the Scientia team and their Fintech Insights, the digital banking research platform, to compare several challenger banks' junior accounts from parent's and kid's perspectives! 👍 Check the full article here