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FinTech

The 24-Hour Shock: How Adyen's Valuation Dropped by $20 Billion Overnight

Adyen's shares fell nearly 40% in one day.
The company has not been this cheap since April 2020.

Monday, 21/08/2023 | 09:48 GMT by Damian Chmiel

FinTech

Revolut Suffers Another Valuation Hit as Molten Ventures Cuts Stake by 40%

Schroeder in April made a cut of 46% to its stake in the challenger bank.
Revolut recently reported its first full year of profit.

Thursday, 15/06/2023 | 15:26 GMT by Solomon Oladipupo

Retail FX

Freetrade Stock Trading App Slashes Valuation by £425 Million

The startup reduced its valuation by 65% as FinTech companies face a severe sell-off.
The decision emerges in anticipation of a crowdfunding campaign planned this month.

Wednesday, 14/06/2023 | 11:31 GMT by Damian Chmiel

Analysis

Egypt Scraps Currency Peg After Decades of Fixed Exchange Rates

Brokers in the region may expect fewer deposits in dollar terms in the near future due to the government's move.

Thursday, 17/03/2016 | 06:46 GMT by Finance Magnates Staff

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