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.
Digital bank Revolut is a licensed bank in many countries but still not in the UK where the company is based.
Anne Boden, CEO of Starling Bank, worked in the office from dawn to dusk for most of her life.
British digital bank Revolut has recorded a 37% increase in downloads of its Android app, new data shows.
Two-thirds of SME's are confident of increased turnover in 2022, Enterprise Nation and Starling Bank report in new research.