Revolut investor backs Gen Z credit card fintech Yonder Fintech Credit card start-up Yonder has exceeded a post-money valuation of £100m as it secured another £23.4m in its latest funding round, led by one of the early investors of fintech app Revolut. The credit card rewards firm, which is geared towards millennials and Gen Z consumers, plans to use the latest injection of funding to [...]
Impact of Bank of England interest rate hikes wanes as mortgage approvals rise UK Economy Bank of England figures showed that net mortgage approvals climbed again to 61,300 in March, slightly above the 60,500 seen in February and roughly in line with economists' expectations.
UK credit card debt jumps as household finances squeezed in warning sign for the economy Personal Finance Outstanding debt on UK credit cards jumped nearly 10 per cent last year, according to new data, as households turned to borrowing amid inflationary pressures and the cost-of-living crisis.