Welcome to Everly.eu’s weekly summary. Let’s see the most important news we have covered during the week in a TOP 5 list!
In a very informative study, Peter Ramsey applied at 12 banks, finding huge disparities between providers in how they handle the process. Check out the article about the account opening experience as the 1st new of last week below.
GoHenry has launched the first biodegradable debit card for children. “We’re all about encouraging smart choices in children and empowering Gen-Z to consider the impact of their purchases,” said the founder of GoHenry, Louise Hill.
Danish gaming team Astralis has teamed up with challenger bank Lunar. Anne Boden’s Starling Bank raised another £40 million and Dutch challenger bunq is adding new options to its app with “update 14”.
1st place: Challenger banks do better with account opening experience
Challenger banks are still thriving and in 5 years 44% of British customers will have a digital-only bank.
UX expert Peter Ramsey from Built for Mars has researched whether challenger banks do actually make the process of opening an account better.
2nd place: GoHenry launches the first biodegradable debit card for children
GoHenry is a UK-based fintech focusing on pre-paid cards and app for kids (with parental controls). It has just launched its biodegradable card for eco-conscious children.
Recent research showed an incredible 40% of 6-to-14-year olds feel they are directly responsible for saving our planet.
3rd place: Danish challenger Lunar teams up with Astralis
Astralis Group has signed a three-year deal with Nordic mobile-based banking app Lunar. This deal includes a branded VISA payment card, interviews, and behind-the-scenes content.
Lunar has obtained its European banking licence in August 2019. Now it wants to attract to the region’s “growing gaming audience”.
4th place: Starling Bank raises £40 million from existing investors
Starling Bank is a UK-based challenger bank founded by Anne Boden and it has just raised another £40 million in the latest funding round from its existing investors.
The round was led by existing backers Harry McPike’s JTC and Merian Chrysalis Investment Company Limited.
5th place: Bunq adds donations to charities with its “Update 14”
Dutch challenger bunq is adding a new option to its app that lets you donate to charities directly.
Bunq is also redesigning the app and launching a public beta test of the V3 version to get feedback from its users.
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