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Tag: Wise PLC

BlackRock-backed fintech Trustly says IPO still at least one year out even as profits jump 51%

BlackRock-backed fintech Trustly says IPO still at least one year out even as profits jump 51%

May 30, 2024May 30, 2024 · Banking

Trustly CEO Johan Tjarnberg. Trustly The boss of Swedish financial technology startup Trustly says an initial public offering for the company is still a year or two away…

Read more BlackRock-backed fintech Trustly says IPO still at least one year out even as profits jump 51%
British fintech Wise reports 280% jump in profit as higher interest rates boost income

British fintech Wise reports 280% jump in profit as higher interest rates boost income

November 14, 2023November 14, 2023 · Banking

The Wise logo displayed on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images British fintech firm Wise nearly quadrupled pre-tax profits in its…

Read more British fintech Wise reports 280% jump in profit as higher interest rates boost income
With China playing catchup with the U.S., these 3 charts show the top countries for fintech in 2023

With China playing catchup with the U.S., these 3 charts show the top countries for fintech in 2023

October 25, 2023October 25, 2023 · Banking

Chinese and US flags fly outside a hotel during a 2012 U.S. presidential election results event organized by the US embassy in Beijing on November 7, 2012. Ed…

Read more With China playing catchup with the U.S., these 3 charts show the top countries for fintech in 2023
Wise shares spike 16% as higher interest rates help fintech triple profits

Wise shares spike 16% as higher interest rates help fintech triple profits

June 27, 2023June 27, 2023 · Banking

The Wise logo displayed on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images Online money transfer firm Wise’s shares soared 16% Tuesday as…

Read more Wise shares spike 16% as higher interest rates help fintech triple profits
Chip giant Arm snubbed London for a NY listing. But the London Stock Exchange hasn’t given up hope

Chip giant Arm snubbed London for a NY listing. But the London Stock Exchange hasn’t given up hope

June 6, 2023June 6, 2023 · World News

Visitors look out to St. Paul’s Cathedral from a rooftop in the City of London, UK, on Thursday, March 2, 2023. Bloomberg | Bloomberg | Getty Images British…

Read more Chip giant Arm snubbed London for a NY listing. But the London Stock Exchange hasn’t given up hope
Western Union rival Zepz lays off 26% of employees as fintech cuts continue

Western Union rival Zepz lays off 26% of employees as fintech cuts continue

May 16, 2023May 16, 2023 · World News

Zepz, which owns the WorldRemit and Sendwave brands, has a total headcount of around 1,600. Sopa Images | Lightrocket | Getty Images Money transfer group Zepz is laying…

Read more Western Union rival Zepz lays off 26% of employees as fintech cuts continue
 billion fintech giant Revolut reports first-ever annual profit

$33 billion fintech giant Revolut reports first-ever annual profit

February 28, 2023March 2, 2023 · Banking

Nikolay Storonsky, founder and CEO of Revolut. Harry Murphy | Sportsfile for Web Summit via Getty Images Financial technology giant Revolut reported its first-ever annual profit in 2021,…

Read more $33 billion fintech giant Revolut reports first-ever annual profit
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