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Fintech

  • Former deputy mayor shared in £750,000 dividend from RationalFX as staff were laid off

    July 17, 2024

    The former deputy mayor of London shared in a £750,000 dividend from his now-collapsed foreign-exchange firm while scores of the company’s staff were laid off through the pandemic, City PM can reveal.

  • FTSE 100 today: Blue-chip to rise on sub-two per cent inflation, boosting rate cut bets

    July 17, 2024

    Asian stocks rise amid Fed rate cut hopes, gold extends rally; investors focus on upcoming UK and Euro area CPI reports.

  • FTSE 100 today: London markets braces for caution ahead of UK inflation data

    July 16, 2024

    Asian shares dip on China's slowdown, bitcoin rise; Asian currencies weaken against strong dollar. Eyes on Bank of America's earnings.

  • FTSE 100 today: London markets set for third consecutive day of gains

    July 12, 2024

    Asian stocks slipped as US tech shares fell, and the two-year Treasury yield dropped to a four-month low. Focus on US producer prices.

  • FTSE 100 today: London markets set to open higher on strong GDP growth data

    July 11, 2024

    Asian markets followed US's rally, with Chinese stocks rising due to new short-selling restrictions. UK GDP, US CPI and Jet2's results eyed.

  • Labour pledges to ’embrace’ fintech in bid to deliver £330bn boost

    July 10, 2024

    Rachel Reeves' Treasury has pledged to "embrace" the fintech sector today after a trade body said the industry could bolster the government's coffers to the tune of £330bn over the next five years.

  • FTSE 100 today: London markets set for muted open amid sparse economic calendar

    July 9, 2024

    Asian markets mirrored Wall Street's rise, with gold prices edging up. All eyes are on Federal Reserve Chair Jerome Powell's testimony.

  • FTSE 100 today: London markets brace for caution amid French election deadlock

    July 8, 2024

    Asian markets mixed, euro fell amid France election gridlock. Focus on UK GDP, Wall Street earnings, Fed Chair Powell's testimony, and US CPI.

  • FTSE 100 today: London markets set to open higher as Labour seen winning 

    July 5, 2024

    Asian stocks hit record highs; pound steady post-Labour win, gold traded higher; investors eye US jobs data.

  • Fintel pays Abrdn £14.6m for Threesixty amid acquisition spree

    July 3, 2024

    SimplyBiz parent company Fintel has completed its purchase of Threesixty Services from asset manager Abrdn in the AIM-listed firm's latest acquisition.

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