Wise Group shares tank after U.S. bank charter rejected. What’s next for the fintech.
Wise Group shares fell as much as 11% on Friday as the U.K.-headquartered, U.S.-listed fintech had its application for a national bank charter denied.
Wise Group shares fell as much as 11% on Friday as the U.K.-headquartered, U.S.-listed fintech had its application for a national bank charter denied.
Hampshire Trust Bank (HTB) has updated its semi-commercial proposition, introducing a pricing band for loans between £250,000 and £1m, with rates from 6.64%. It has also added a 65% loan-to-value (LTV) range, with rates from 6.24%. The changes gave brokers more options across loan sizes and LTVs for semi-commercial cases and supported mixed-use investment…
Natural, a year-old company that is building a foundational payment stack for artificial intelligence agents, raised $30 million in a Series A funding round. The round brings Natural’s total funding to more than $40 million, the company said in a Monday (July 20) press release. The firm announced about 10 months ago, in September 2025,…
🏆 New Building: The largest new building application filed last week was in the Bronx, where Bally’s Corporation filed plans as part of its successful bid for a casino project at 538 Hutchinson River Parkway at Ferry Point. The building will span about 3.1 million square feet and stand 19 stories tall, and the architect…
Key insight: Johnson, the former No. 2 at the CFPB in the first Trump administration, dodged direct questions about whether he would pursue drastic staff cuts as his acting predecessor has. What’s at stake: He claimed that he keeps an “open mind” about staffing levels and deflected questions from Sen. Elizabeth Warren, D-Mass., about allegedly blatant…
In June, the median sale price of homes in the U.S. increased by an estimated 2.2% compared to the previous year, reaching a new record high of $408,776, according to Redfin. The U.S. existing-home sales increased by 0.1% month-over-month (MoM), reaching a seasonally adjusted annual rate of approximately 4.4 million, marking the highest level since…
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