Monzo, the popular British challenger bank, has recently announced a major milestone in its financial journey. The fintech startup revealed that it achieved its first full year of profitability, marking a significant shift from previous years. The company reported pre-tax profits of £15.4 million ($19.6 million) for its 2023-2024 fiscal year. This positive outcome comes
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Bunq CEO and founder Ali Niknam is optimistic about the digital bank’s chances of acquiring a banking license from UK financial regulators. Despite the uncertainties surrounding the regulatory processes in the UK as compared to Europe, Niknam remains hopeful that Bunq will receive the green light by the end of the year or early next
North Dakota Governor Doug Burgum is currently facing allegations of being part of a controversial deal with former President Donald Trump. According to reports, Trump supposedly promised to reduce regulations in the oil industry in exchange for financial support for his re-election campaign. However, Burgum vehemently denies these claims, stating that he was present at
When Kelly Harry first began her career as an account executive in ad sales in New York City, she was content with her $40,000 salary. However, a conversation with a coworker revealed that she was being significantly underpaid compared to her colleague’s $102,000 salary. This eye-opening moment made Harry realize the importance of recognizing her
The rise of financial advice on TikTok, also known as #FinTok, has gained significant popularity, especially among Generation Z. With limited access to professional advisors and a preference for seeking information online, Gen Zers are turning to social media platforms like TikTok, YouTube, and Instagram for financial tips and advice. According to a report by
In today’s unpredictable market conditions, investors often seek out dividend-paying stocks as a means of generating income and providing stability to their portfolio during challenging times. With a vast array of companies offering dividends, the task of selecting the right stocks can be daunting. One approach investors can take is to consider the recommendations of
The recent approval by the U.S. Securities and Exchange Commission of a rule change allowing for Ethereum exchange-traded funds has sparked a major shift in sentiment within the cryptocurrency market. Jan van Eck, CEO of VanEck, expressed his excitement over this development, calling it one of the most significant moments in his career within the
Italy, known for its stunning beauty and rich cultural heritage, has been facing the issue of overtourism for quite some time. The influx of tourists has put a strain on the country’s infrastructure, particularly in popular destinations such as Bellagio on Lake Como. Boat drivers, who rely on tourism for their livelihood, have expressed frustration
The co-founder of the fintech startup Yotta, Adam Moelis, set out with the noble intention of providing Americans with a new way to save money. Unfortunately, what started as a promising endeavor has now turned into a nightmare for thousands of customers. A dispute between Yotta’s banking partners, Synapse and Evolve Bank & Trust, has
Pfizer’s groundbreaking drug, Lorbrena, has demonstrated revolutionary progress in the treatment of advanced non-small cell lung cancer. Recent long-term results from a late-stage trial have showcased the drug’s ability to significantly extend the lifespan of patients while preventing the progression of cancer. With a remarkable data showing that most individuals experienced positive outcomes for over