Shein has reported confidentially filed for an initial public offering (IPO) in London. This move doesn’t necessarily mean the IPO will happen in London, as Shein would prefer to go public in the United States, CNBC reported Monday (June 24), citing unnamed sources. Shein did...
The City of London, the administrator of the financial district of the United Kingdom, is reportedly grappling with concerns about the district’s competitiveness and the need for foreign investment. The city’s policy leader, Chris Hayward, emphasized the importance of attracting foreign investment to boost growth and enhance...
Stripe is reportedly opening a new London location as part of a larger U.K. expansion. This new office will house 250 workers from the payments company’s engineering, sales, partnerships, financial compliance and operations departments, with plans to hire 30 more workers, Stripe President and Co-founder John Collison told Bloomberg...
Revolut’s new U.K. CEO wants to make sure London remains a FinTech hub. Speaking to Bloomberg News Wednesday (March 6), Francesca Carlesi warned that the British capital risks losing out to Paris and New York in the race to woo startups. This week, the report...
July 13, 2022
Investors would argue that New York, home to the two largest stock exchanges in the world, is clearly the nerve center of the global economy. Others might point to Hong Kong as the engine of international commerce thanks to its deep ties with the world’s largest economies and critical role as the preeminent East-West trade […]
September 10, 2021
Back in the days when co-working meant making a cappuccino in Starbucks last an entire morning, London’s digital entrepreneurs were much more of a curiosity than a community. In the...
June 12, 2017
Installment loans in retail are not new – they’ve been around in some form for the last three or four decades. But as Divido co-founder Christer Holloman told PYMNTS’ Karen...
June 30, 2016
We wanted to know how the FinTech folks on the ground really fell about Brexit and what it means for the future of FinTech. Ralph Dangelmaier, CEO of BlueSnap, is...
February 17, 2025
Shein is reportedly being pressured by investors to cut its valuation to $30 billion ahead of its planned initial public offering (IPO). The valuation would be down from $100 billion in 2022, $66 billion in 2023 and $45 billion in January 2024, Bloomberg reported Monday (Feb. 17). Investors suggested that a cut in Shein’s valuation is needed because of the difficulty […]
June 24, 2024
Shein has reported confidentially filed for an initial public offering (IPO) in London. This move doesn’t necessarily mean the IPO will happen in London, as Shein would prefer to go...
May 22, 2024
The City of London, the administrator of the financial district of the United Kingdom, is reportedly grappling with concerns about the district’s competitiveness and the need for foreign investment. The city’s...
May 21, 2024
Stripe is reportedly opening a new London location as part of a larger U.K. expansion. This new office will house 250 workers from the payments company’s engineering, sales, partnerships, financial compliance and operations...
