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The Everly Summary (weekly TOP5 news)

Welcome to Everly.eu’s weekly summary. Let’s see the most important news we have covered during the last week in a TOP 5 list!

Revolut released a rainbow-colored card for customers in the UK and Europe as a support for inclusivity as Pride celebrations began across Europe.

Monzo’s co-founder Tom Blomfield steps down from the board after leaving the position of the CEO recently.

Berlin-based neobank Penta has raised an additional €4m from new investors and topped up its €18.5m Series B funding round from March this year. Monzo’s new open banking feature is called ‘easy bank transfer’. Starling launches ‘Business Toolkit’ subscription account and US dollar account.

1st place: Revolut launches rainbow card to mark Pride celebrations

Before a customer is able to order the new rainbow card, they will need to donate a minimum of £3.00 (or currency equivalent) to ILGA-Europe, a leading charity which campaigns for lesbian, gay, bisexual, trans and intersex human rights in Europe and Central Asia.

2nd place: Monzo’s co-founder Tom Blomfield steps down from the board

With this move, Blomfield takes part in the process of clearing the path for the new CEO TS Anil and moving into the role of President.

3rd place: Penta raised €4 M from new investors

The Series B funding now totals more than €23,5 million according to the official statement of the company. The new investors consist of S7 Ventures, Presight Capital and two family offices, whom they were able to convince with their idea during the negotiations.

4th place: Monzo’s new open banking feature is called ‘easy bank transfer’

Monzo bank has been recently working on a simpler way to move money into the Monzo account from other major UK banks. The feature is called ‘easy bank transfer’, and it’s available to be tested in Monzo Labs, where most new features are tested among Monzo’s current users.

5th place: Starling launches ‘Business Toolkit’ subscription account and US dollar account

Starling’s ‘Business Toolkit’ is out of beta since this week, offering a £7/month subscription account dedicated to SMEs while providing them with various features.

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Jan Cerny
Jan is an innovation enthusiast and Fintech news reporter. He specializes in news distribution, social media, and content analysis.

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The Everly Summary (weekly TOP5 news)

Welcome to Everly.eu’s weekly summary. Let’s see the most important news we have covered during the last week in a TOP 5 list!

Robinhood managed to raise another $460m

The stock trading app Robinhood has added $460m to its Series G funding round closing a total of $660 million at an $11.7 billion valuation.