Tag: UK

According to a survey by the UK Business Angels Association, just over a third of UK startups had access to no other banking facilities other than SVB UK.

The collapse of Silicon Valley Bank was a shock to the global start-up community, but the takeover of the bank's UK arm by HSBC may prove to be a positive development for UK scale-ups.

The recent failure of one of the top banks in the tech industry, Silicon Valley Bank, has led to concerns about a broader financial crisis that could have far-reaching consequences.

International Women's Day 2023 is an opportunity to reflect on the progress made by women in business and society.

According to research by the comparison site Finder, as many as 16% of Britons have opened or plan to open a digital-only current account for this reason.

Revolut's expected confirmation of its profitability and the approval of its filing by auditor BDO could help clear the way for the company to obtain a digital banking license from regulators the FCA and the PRA.

Launched by JP Morgan as a direct challenger to the likes of Monzo and Starling, Chase has been widely regarded as a runaway success story.

Revolut, the digital banking service with over 25 million customers worldwide, is now offering crypto staking to its customers in the U.K. and European Economic Area (EEA).

While other cities may outperform London in some metrics, the overall findings of the study make a strong case for the global adoption of cryptocurrencies.

The company has 850,000 customers across its different businesses and is on track to be profitable for the full year in 2023, the first time since its founding 17 years ago.