Category: News

Apr 9

Sipay, Europe’s fastest-growing fintech, raises $78m Series B, hitting $875m valuation

Sipay, the rapidly scaling Turkish fintech specialising in embedded finance and payment solutions, has raised $78 million in a Series B funding round, pushing its valuation beyond $875 million. The round was led by US-based venture capital firm Elephant VC, with support from QuantumLight, the investment firm founded by Revolut CEO Nik Storonsky. Recognised as […]
Apr 8

Rachel Reeves tells MPs Bank chief says ‘markets functioning effectively’ despite tariffs crisis

Chancellor Rachel Reeves has told MPs that Bank of England governor Andrew Bailey has confirmed that financial markets are “functioning effectively” and that the UK’s banking system remains resilient, despite the escalating global uncertainty caused by President Trump’s new tariffs. Speaking in the House of Commons, Reeves took the unusual step of opening Treasury questions […]