Revolut CEO confident of UK banking license approval as fintech firm posts record $545m profit

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Nikolay Storonsky, founder and CEO of Revolut. Harry Murphy | Sportsfile for Web Summit via Getty Images LONDON — The chief executive of British financial technology giant Revolut told CNBC he is optimistic about the company’s chances of getting a British banking license, as the company reported record pre-tax profits for the year thanks to … Read more

Crypto firm Circle gets approval to issue stablecoin in EU under strict bloc rules

Launched in 2018 by crypto company Circle, USDC is now the world’s second-largest stablecoin, with over $30 billion worth of tokens in circulation. Nurphoto | Getty Images Cryptocurrency firm Circle reported Monday that it has now registered as an electronic money institution (EMI) in France, a key license for the company to become a compliant … Read more

Crypto firm Circle gets approval to issue stablecoin in EU under strict bloc rules

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Launched in 2018 by crypto company Circle, USDC is now the world’s second-largest stablecoin, with over $30 billion worth of tokens in circulation. Nurphoto | Getty Images Cryptocurrency firm Circle reported Monday that it has now registered as an electronic money institution (EMI) in France, a key license for the company to become a compliant … Read more

Washington Post publisher Will Lewis has ties to the PR firm that bears his initials

Washington Post publisher Sir Will Lewis faces a PR crisis, with his own newspaper and rivals investigating his past as a senior executive at Rupert Murdoch’s media empire. It’s the kind of problem Lewis was until recently trying to solve for clients of his communications and consulting firm WJL Partners, named after his initials. Founded … Read more

Britain’s “most beautiful pubs” are being honoured, including a converted law firm

An iconic Edwardian pub and bar created in a former law firm has been named one of the “best looking pubs in Britain” in a national award. The Campaign for Real Ale (CAMRA) has announced the prestigious Pub Design Awards for 2024. They recognize the highest standards of architecture in the renovation and historic preservation … Read more

‘Heartbroken’: Major buy-now-pay-later firm goes bankrupt after failing to find a buyer

Monday June 17, 2024 3:35 PM Part Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp E-mail Share via email Buy-now pay-later firm Laybuy has engaged administrators in New Zealand. Buy-now pay-later firm Laybuy has today gone into administration after attempts to find a rescue buyer failed. The … Read more