LONDON, Sept. 17, 2020 /PRNewswire/ — A London start-up ‘sofa in a box’ success story, that although four years in the planning, only opened for business at the beginning of 2020 and has already sold nearly 2000 sofas, welcomed 800k visitors to their website and banked £1m in sales in the first 8 months of trading. The next £1m is predicted to land in just 82 days. And when it comes to the revolution, well that all lies in the technology…

Swyft – the sofa market disruptors setting their sights on a flat pack revolution.
Credit: The New Model 02 sofa by Swyft. (PRNewsfoto/Swyft)

It’s been an impressive start for the under thirty entrepreneur Keiran Hewkin who masterminded the creation of a sofa that comes in boxes, needs no tools to put together, can be assembled in 5 minutes and is guaranteed to fit into small spaces. And

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A remarkable changing of the guard is happening in finance.

This week, the market capitalization of fintech payments firm Square exceeded that of Goldman Sachs, the 151-year-old investment bank, for the first time.

Almost exactly two months earlier, PayPal surpassed Bank of America, the second biggest lender in the U.S., in market cap. That move made the online payments pioneer worth more than every American bank except for JPMorgan Chase.

The meteoric rise of these two payments companies solidifies the arrival of the new guard: Firms that began as niche players in overlooked corners of finance that are growing rapidly along with the rise of e-commerce and digital payments. Shares of Square have surged more than 140% so far this year, while PayPal has climbed 90%. Meanwhile, the KBW Bank Index has fallen by 32%.

“It’s pretty stunning to look at some of these fintech companies and the credit they’re

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