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Fintech firm Wise stock falls after CFO quits, CEO to go on leave

Shares of British fintech Wise sank Monday after announcing its CFO Matt Briers is leaving the company while CEO Kristo Kaarman is to go on paternity leave.

City ofUnited kingdomMikko salovaaraKristo kaarmanBreaking news marketsBreaking news technologyWise plcBusiness news

Fintech unicorn Zepz, owner of WorldRemit, lays off 26% of staff

Fintech group Zepz, which owns money transfer brands WorldRemit and Sendwave, is laying off 420 employees, the company told CNBC exclusively.

United statesHong kongCity ofUnited kingdomBreon corcoranIsmail ahmedMark lenhardGoldman sachsWestern unionPaddy powerVenture capitalBreaking news marketsBreaking news technologyWise plcSouth africaBusiness news

As Arm shuns London, tech investors question UK as an IPO destination

British chip designer Arm recently decided to list in New York, leading to worries that London will miss out on more blockbuster tech IPOs.

United kingdomCity ofHarry nelisLondon stock exchangeHoxton venturesWorld marketsMergers and acquisitionsBreaking news marketsBreaking news technologyDeliveroo plcSoftbank group corpDarktrace plcWise plcFtse 100Nasdaq incBusiness news

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