Fintech lenders

Starling soars, RBS, Citibank struggle in league table of best banks

Monzo and Starling Bank have come out ahead of high street lending giants on the Which? survey for having the best to offer customers.

Third-placed First Direct continues to provide a much better service than its parent company HSBC

2 min read

Wirecard sells UK card technology unit in fallout from corporate scandal

A spokesperson for Wirecard said it expects job losses among its 80 UK staff

2 min read

More details have emerged in recent weeks showing that government agencies had ignored red flags about Wirecard for years before the fintech's collapse in Europes largest accounting fraud in decades. Photo by Thomas Kronsteiner/Getty Images)

German parliament to investigate government failure over Wirecard

Prosecutors suspect top former executives, including former Chief Executive Markus Braun, of commercial fraud and market manipulation

4 min read

Challenger banks’ crusade to rescue balance sheets ahead of next reporting season

Finding ways to put balance sheet capacity to work will be a big focus for neo-banks in the run up to their next round of financial reporting

4 min read

Will the CMA put paid to Visa’s bid for Plaid?

Welcome to your weekly roundup of the latest developments in financial tech and innovation

5 min read

Credit Suisse review of funds shines light on SoftBank’s multiple roles

Fund documents reviewed by The Wall Street Journal don’t disclose SoftBank’s connection to Greensill or to the companies receiving financing

5 min read

MW Mastercard scoops up open-banking company Finicity in big digital push

Finicity has relationships with banks and other financial providers, and the company helps third-party platforms leverage financial credentials in a secure platform

2 min read

SoftBank-backed OakNorth seeks sale of $400m stake

The secondary sale comes as Covid-19 continues to ravage economies all over the world. In the US, companies have shuttered in an attempt to stop the spread of the virus

1 min read

Eileen Burbidge

Monzo CEO stepped down after being “stifled” by regulatory burden, says key investor

The Monzo board member says Blomfield’s switch to president will give him time to focus on what he’s best at

2 min read

Tom Blomfield

Monzo CEO’s shock move raises questions for digital bank

The need for Monzo to progress towards making money has become all the more acute since the coronavirus crisis began

4 min read

Bars, restaurants and retail have been hard-hit by the coronavirus lockdown, such as these on Old Compton Street in Soho, and many small businesses will need emergency loans to tide them over

Fintech lenders’ admin troubles hold up coronavirus loans scheme

Most of the fintech firms approved under the Coronavirus Business Interruptions Loans Scheme are yet to begin lending

4 min read