Fintech start-ups are challenging the old guard of the banking world

fintech start ups are challenging the old guard of the banking world

Sumary of Fintech start-ups are challenging the old guard of the banking world:

  • US giant JPMorgan Chase has snapped up the British robo-adviser Nutmeg and may also try to sell home loans here.
  • This equals the £24billion market value of Natwest, a group that includes the 300-year old Royal Bank of Scotland.
  • However, Stripe, the Californian payments processing giant, is said to be closer to a float on Wall Street.
  • This business, started 11 years ago by Irish brothers John and Patrick Collison and with former Bank of England governor Mark Carney on the board, could be worth as much as £72billion.
  • Its backers include Goldman Sachs and the Chrysalis investment trust, which also owns a slice of Klarna.

Want to know more click here go to source.

From -

Close
Generic selectors
Exact matches only
Search in title
Search in content

Site Language


By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close