New w/ @freyapratty.bsky.social: An ongoing lawsuit threatens to dredge up Checkout.com's relationship to 'vice' industries, by linking the fintech to a mysterious entity historically listed on a mail-order bride website and once a client of Paxum bank. sifted.eu/articles/law...

EXCLUSIVE on @sifted.eu: The UK government spent five years lobbying Andreessen Horowitz (a16z), one of the world’s biggest VC firms, to choose London as its first overseas base — only for the firm to close its office within 18 months of its announcement. sifted.eu/articles/and...

NEW: Revolut is making a push into private banking for wealthy clients, putting it in direct competition with big incumbents like UBS and Morgan Stanley. The fintech is developing a private banking service for high net worth individuals, say job listings on its website. sifted.eu/articles/rev...