UK fintech Ebury reportedly in talks with banks over potential 2025 LSE debut
Sources tell Bloomberg the payment platform could list in London next year with a valuation of up to £2 billion.
News, intelligence and resources on the global fintech industry including topics such as stock exchange.
Sources tell Bloomberg the payment platform could list in London next year with a valuation of up to £2 billion.
Our pick of the top fintech news stories this week includes Webull, Citi, Blackstone, Enfuce and more.
The merger between Webull and SK Growth Opportunities is due to close in H2 2024.
Interpath Advisory has been instated as provisional liquidator for PCSIL.
The stablecoin company has confidentially submitted a draft registration statement with the US regulator.
The group initially paid $175 million for approximately 22% of VettaFi back in January.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Motive Partners will invest two $25 million tranches as part of its growth commitment to the Aussie firm.
Monzo could close its latest round of funding before the end of the year as it eyes up a potential IPO.
FinTech Futures speaks with the founders of 3AI to discuss how AI technology can transform investing strategies.
The company’s acquisition by its senior executives is expected to be completed this month.
Klarna describes the UK holding company as “an important early step on a journey towards an eventual IPO”.
The group aims to make use of Oracle’s enterprise performance management and planning functions.
Khanna will replace Aaqib Mirza, who is set to lead Peel Hunt’s soon-to-be-launched RetailBook business.
Deutsche Börse first announced the acquisition in April as a means of developing its investment management business.
Youngwood will take over from Ann Dennison, who has held the role since 2021.
The New York-based digital mortgage lender went public through a SPAC merger this week.
The company attributed the performance to hiring costs and US competition.
Irfan Hussain joins LSEG from Goldman Sachs, where he has worked since 1995.
LSEG will proffer access to its data and insights, as well as support Barclays’ digitalisation journey.
The FCA says its proposals would make listing rules “more effective, easier to understand and more competitive”.
Singh joins LSEG from Mastercard where he is the co-head for advisors in its data and services business.
Schwieger was previously global head of equities and ETF trading at the London Stock Exchange.
Euronext has submitted an “indicative offer” to Allfunds’ board of directors.
The firm’s assets, operations and trading activities are now under the stewardship of McGrathNicol.
FinTech Futures takes a look back at a bruising year of job cuts in fintech.
The deal is the latest in a string of acquisitions for LSEG this year.
LSEG has also committed to a $2.8bn cloud-related spend with Microsoft over the life of the 10-year agreement.
The regulator is “concerned about problem behaviours” linked to trading app design.
Naga users will be able to top up their accounts using A2A payments authenticated via biometrics.
The latest equity round brings total funds raised by ADDX since 2017 to around $140 million.
Blockchain tech can power access to alternative assets such as art, real estate and wine.
A new cartoon illustrating how uncertainty in the stock market is making companies hesitant about going public.
Solvo will offer investments, savings, crypto buying and selling as well as a card for payments.
Robinhood CEO Vlad Tenev says previous staff cuts announced in April “did not go far enough”.
The new combined business will be worth approximately $1.7bn with the deal expected to close in Q1 2023.
The Series A will support the company’s expansion into 19 European markets.
Shand has been an EML board of directors member since September 2021.
The company intends to expand throughout India and into the US and Middle East.
The move has been a strategic decision made in response to multiple factors including Brexit.