Tag: Financial Results
Monese aims to secure fresh funding after recording £30.5m annual loss for 2022
Monese records £30.5 million loss for 2022, seeks new funding
Generated revenues of £27.7 million, attributing the increase to growth in active customer...
UK financial services firms cautious but keen to adopt GenAI, new survey says
GenAI Adoption in UK Financial Services:70% of UK Finance members are currently piloting generative AI (GenAI) use cases.
Primarily focused on co-pilot...
FCA places embattled Metro Bank on financial crime watchlist as rescue deal continues
Metro Bank's Situation: The bank is on the Financial Conduct Authority's (FCA) financial crime watchlist, confirmed on June 6.
Reasons for Listing: The FCA's action...
Adyen shares tank following underwhelming H1 2023 results
Shares in Adyen have plummeted to a three-year low due to disappointing H1 2023 earnings, attributed to slower growth, increased competition, and hiring challenges.
Facts...
US crypto exchange Coinbase expands into Canada
Coinbase is expanding into Canada, integrating Interac e-Transfers for quick and secure fund transfers. The move aligns with Canada's crypto awareness and tech ecosystem.
Facts...
US fintech Block set to close European payments app Verse
San Francisco-based payments company Block is closing some of its European business operations, including its peer-to-peer payment app Verse and its buy now, pay...