The $33 billion-valued British fintech startup, Revolut, has been waiting since 2021 for the United Kingdom to approve its application for a banking licence. Many factors, such as high employee turnover, difficulties in filing financial reports, and worries about the firm’s corporate
It is more difficult for young FinTech startups to raise capital in today’s economic climate. FinTech Alliance, a digital ecosystem funded by the UK Government, is hosting an investment series in 2023 between April to June. It assists startups in learning about their funding alternatives, connecting with investors, and refining their fundraising techniques.