Financial Services

The banks are offering £1,000 to £2,000 to customers who install air-source heat pumps and other sustainable heating options.

Despite breakups, a stalled IPO, and regulatory scrutiny, the financial group’s lending business remains lucrative.

But the short-term benefits might not be enough to convince consumers it’s worth it.

The firm’s total processing volume increased 54% in the quarter. It plans to double down on embedded finance to sustain growth.

It’s the first feature of its kind in a financial app. But becoming a super app is a competitive race full of challenges.