Tag: reports
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Zopa reports third consecutive year of profit, says new current account topping expectations
Zopa Bank, the UK savings and lending digital bank, has reported its third consecutive year of profit, as it says take-up of its new current account proposition has eclipsed expectations. The London-based bank reported pre-tax profits of £44.9m 2025, up from £31.6m in 2024, driven by its borrowing and savings products. The SoftBank-backed digital bank read more
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OakNorth reports nudge up in profits, delays net zero target by 10 years
OakNorth, the UK challenger lending bank, has reported anudge up in year-on-yearpre-tax profits in 2025 from £215m to £223m, helped by US growth. The SoftBank-backed bank, however, delayed its net zero target by ten years. OakNorth said itnow hopes to reach its net zero target in 2045, not 2035, as it set out in 2022. read more
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Iranian Media Reports Damage to Chehel Sotoun, a UNESCO-Listed Palace
Chehel Sotoun, part of a UNESCO World Heritage landmark in the Iranian city ofIsfahan, was damaged following airstrikes in the area, according to Iranian state media. The report comes one week afterGolestan PalaceinTehransuffered significant damage from aerial bombardment linked to US-Israeli strikes on Iran. A roughly minute-long video posted to X by Iranian state media read more
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AI unicorn Quantexa reports revenue boost, as losses halve
A UK AI financial crimefighting unicorn has reported a near 50 per cent uplift in revenues, helped by customer wins, while losses halved, according to its latest annual financial figures. The financial figures for Quantexa also reveal new details regarding Quantexa’s fundraising last year, which propelled it to a valuation of $2.6bn. The figures for read more
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EIT Urban Mobility reports strong results and new €44M Fund
EIT Urban Mobility, an initiative of the European Institute of Innovation and Technology (EIT), a body of the European Union, announced results demonstrating the measurable impact of its investment approach and and commits €44M for future investments Since 2020, EIT Urban Mobility has built a portfolio of over 140 companies across Europe, creating systemic transformation read more
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Amazon seeks to raise $12 billion from US bond sale, Bloomberg News reports
(Reuters) -Amazon plans to raise about $12 billion in corporate bonds, its first such deal in U.S. dollars in about three years, Bloomberg News reported on Monday, as big tech firms increase investments to build infrastructure for artificial intelligence. The e-commerce giant filed for a six-part bond sale earlier in the day without disclosing a read more
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