British fintech Revolut secures $500 mn funding to fuel expansion
The UK startup digital bank is now valued at $5.5 bn...
Tag : UK
Monzo plans to recruit up to 500 employees as part of growth strategy
The digital bank aims to increase its user reach to 5.5 million in 2020...
Brexit sees German fintech N26 exit UK business
The neobank will close down all accounts on April 15...
DP World handles 71.25 mn teu containers globally in 2019
The port operator handles volumes of 31.76 mn teu for APAC, 30.04 mn teu for Europe, MEA, and 9.45 mn teu for Americas and Australia...
The UK might allow Huawei to play a minimal role in its 5G network
Huawei will not be involved in the core aspects of the country’s 5G network over security concerns...
UK banks expect rise in demand for credit card borrowing
The Bank of England predicts credit card borrowing by households will increase by 14.3 percent over next three month...
Philip Morris’ insurance arm carves a new market: Japan’s vapers
Philip Morris’ iQOS, a tobacco heating system dominates the Japanese market with a market share of around 70 percent...
Standard Chartered launches digital loans for Kenyan youth
The average age of a Standard Chartered customer is 50 plus...
UK Insurtech startup Zego first to get insurance licence
While Zego will continue to work with its partners, the licence will help the startup innovate new policies...
Outbound Middle East real estate investment rises 62%
Majority of this investment has been made in Northern Europe or North America...