$WISE-GB News
Last published 1y ago
- 1y agoWISE-GBSSFO3-BRDTE-CHAI voice startup ElevenLabs pushes global expansion as it gears up for an IPOCNBCAI voice generation platform ElevenLabs reveals plans to be IPO-ready within five years.
- 1y agoPYPLWISE-GBFintech unicorn Zepz to lay off 20% of its global workforce, sources sayCNBCLondon-based fintech Zepz is laying off around 200 IT workers as part of a major redundancy plan, two employees impacted by the move told CNBC.
- 2y agoWISE-GBBritish fintech firm Wise posts 55% jump in profit on expanding market shareCNBCBritish digital payments firm Wise said that its first-half profit totalled £217.3 million ($279.8 million) in the first-half period, up 55% year-over-year.
- 2y agoWISE-GBWise's billionaire CEO fined £350,000 by UK regulators over failure to report tax issueCNBCKristo Käärmann, CEO and co-founder of Wise, was ordered by regulators to pay a £350,000 fine due to a breach of senior manager conduct rules.
- 2y agoWISE-GBWise shares plunge 10% after fintech firm projects slower growth this yearCNBCShares of money transfer company Wise declined on Thursday after it projected weaker revenue growth in its current fiscal year than the year before.
- 2y agoMAVMETABABA+7BlackRock-backed fintech Trustly says IPO still at least one year out even as profits jump 51%CNBCJohan Tjarnberg, CEO of Trustly, told CNBC his firm still needs time to prove the value of its open banking tech to investors before going public.
- 2y agoWISE-GBBritish fintech Wise reports 280% jump in profit as higher interest rates boost incomeCNBCBritish fintech Wise reports 280% jump in profit amid higher interest rates
- 3y agoBABA700-HKPYPLINTU+1With China playing catchup with the U.S., these 3 charts show the top countries for fintech in 2023CNBCUsing data provided by research firm Statista, CNBC analyzed the top nations overall when it comes to financial technology.
- 3y agoWISE-GBPYPLEBAYFintech giant Wise allowed Russia sanctions target to withdraw money, UK government saysCNBCAn individual on the U.K.'s Russia sanctions list was allowed to make a withdrawal of £250 ($316.63) from a business account on Wise, a government body said.
- 3y agoWISE-GBWise shares spike 18% as higher interest rates help fintech triple profitsCNBCWise said in a statement to the stock market that its profit before tax nearly tripled to £146.5 million ($186.5 million).
- 3y agoWISE-GB$5 billion fintech Zepz looks to take on rivals like PayPal with digital wallet, M&A plansCNBCMoney transfer unicorn Zepz is looking to expand its business through mergers and acquisitions, the company's CEO Mark Lenhard told CNBC.
- 3y agoWISE-GBEurope and Israel are producing more startup 'mafias' than ever despite tech routCNBCThe development mimics the trend of startup "mafias" in the U.S., where companies like PayPal indirectly helped produce huge businesses like Tesla and Palantir.
- 3y agoWISE-GBFintech firm Wise's shares fall after announcing CFO is resigning, CEO to go on leaveCNBCShares of British fintech Wise sank Monday after announcing its CFO Matt Briers is leaving the company while CEO Kristo Kaarman is to go on paternity leave.
- 3y agoWISE-GBGSWestern Union rival Zepz lays off 26% of employees as fintech cuts continueCNBCFintech group Zepz, which owns money transfer brands WorldRemit and Sendwave, is laying off 420 employees, the company told CNBC exclusively.
- 3y agoROO-GB.FTSEWISE-GBDARK-GB+2'A very problematic market': As Arm shuns London, tech investors question UK as an IPO destinationCNBCBritish chip designer Arm recently decided to list in New York, leading to worries that London will miss out on more blockbuster tech IPOs.
- 3y agoWISE-GB$33 billion fintech giant Revolut reports first-ever annual profitCNBCRevolut reported revenues of £636.2 million in 2021, three times what it made the previous year, and swung to a net profit of £59.1 million.
- 3y agoWISE-GB$6.6 billion-worth fintech Wise accused by rival of harming competitionCNBCWise was accused of harming competition in the money transfer market by delisting a rival, Atlantic Money, from its currency exchange comparison tool.
- 4y agoWISE-GBHSP-GBRichard Branson takes a stake in Lightyear, a start-up hoping to become Europe's answer to RobinhoodCNBCLightyear, a stock trading app based in the U.K., has raised $25 million in fresh funding to expand its presence across Europe.
- 4y agoWISE-GBPYPLWUCEO of $4.8 billion fintech Wise faces investigation over tax breachCNBCThe probe could have significant ramifications for Wise and its chief executive.
- 4y agoWISE-GBAs Klarna cuts jobs, rival fintechs say they're recruiting for hundreds of rolesCNBCAs Klarna plans to lay off 10% of its workforce, rival fintech firms Revolut and Wise say they're hiring for hundreds of open roles.
- 4y agoVWISE-GBSingapore start-up Nium seeks up to $400 million in deals to take on Europe's crowded fintech marketCNBCNium, a $2 billion digital payments start-up based out of Singapore, has big plans for its European business.
- 4y ago9984.T-JPNVDAQCOMAAPL+6Pressure mounts on SoftBank to consider dual listing of ArmCNBCArm is widely seen as the jewel in the crown of the U.K. tech industry and several people want it to be listed in its home country.
- 4y agoROO-GBWISE-GB.IXICThe stock market is so volatile that one European tech firm has cancelled its IPOCNBCDutch file-sharing company WeTransfer says it has cancelled plans for an initial public offering due to "volatile market conditions."
- 4y agoABNBWISE-GBWORKASAN+1Meet the ‘Covid expats’ who moved abroad during the pandemic. Here’s what they learned about workCNBCExpats advise those thinking about a move overseas to plan well, communicate openly and budget for an unexpected return home.
- 4y agoWISE-GBDASH9984.T-JPEuropean start-up funding triples to a new record above $100 billion this yearCNBCStart-ups in Europe are on track to haul in a record $121 billion in funding this year, according to a report from venture capital firm Atomico.
- 5y agoGSWISE-GBROO-GBGOOGL+6Goldman Sachs-backed digital bank Starling expects to go public within two yearsCNBCU.K. digital bank Starling expects to go public in one or two years, CEO Anne Boden told reporters Tuesday.
- 5y agoWISE-GBBillionaire Wise co-founder fined nearly $500,000 by UK tax collectorsCNBCWise CEO Kristo Käärmann was dealt the penalty after being late to submit his personal tax returns during the 2017/18 tax year.
- 5y agoWISE-GBAAPLAMZNGOOGL+2Fintech firm Wise launches feature that lets users spend money invested in stocksCNBCThe move comes after a surge of retail investors participating in the stock market.
- 5y agoMSFTFBWISE-GBGOOGL+1Estonian president says a lack of ‘special conditions’ for tech giants has allowed local start-ups to thriveCNBCEstonia's tech companies have been able to thrive in the absence of large multinationals like Facebook and Microsoft, the country's president told CNBC.
- 5y agoETH.CMBTC.CMGMEAMC+4Peter Thiel-backed crypto broker Bitpanda triples valuation in five months to $4.1 billionCNBCCryptocurrency trading platform Bitpanda raised $263 million in a fresh round of funding valuing the company at $4.1 billion.
- 5y ago.NDXAMZNGOOGLFB+5'This feels like 1999': Global start-up funding frenzy fuels fears of a bubbleCNBCVenture capitalists are writing bigger checks than ever.