Volution doubles down on booming UK fintech with new $100M fund

The U.K. fintech sector is on a bit of a roll. Allica Bank — a London-based fintech — recently announced it had doubled its profits in 2024, bringing in £29.9 million, while neobank Revolut announced a £1 billion profit in 2024. Companies of this nature continue to spring out of London, a city that has become a […]

Apr 28, 2025 - 19:59
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Volution doubles down on booming UK fintech with new $100M fund
The U.K. fintech sector is on a bit of a roll. Allica Bank — a London-based fintech — recently announced it had doubled its profits in 2024, bringing in £29.9 million, while neobank Revolut announced a £1 billion profit in 2024. Companies of this nature continue to spring out of London, a city that has become a […]