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!
Last week, we have released a very insightful interview with the Head of Growth at Rizq Islamic bank, Peter Trebelev. Peter has revealed to us what is the company’s strategy and why he feels that only niche propositions have the potential to survive.
Monzo Plus was launched previously but was eventually scrapped in September 2019 by the firm due to complaints from customers. Monzo bank has relaunched its premium account with a £5/month fee and multiple new features.
KlarnaSense is Klarna’s new initiative to encourage customers into more mindful shopping. Monese customers are now able to conveniently add cash into their accounts by selecting Paysafecash as the top-up method. Robinhood has managed to top up its Series F funding round with an extra $320 million, which brings its value to $8.6 billion.
Rizq is a UK-based Islamic digital challenger bank and it is preparing for its launch this summer. The challenger bank aims to solve mainstream banking issues for Muslims in the West, which is in line with their values and lifestyle.
British challenger Monzo bank has relaunched its premium ‘Monzo Plus’ account with a £5/month fee.
Klarna has launched the initiative KlarnaSense to encourage consumers to shop smarter by purchasing the right things, at the right time.
Paysafecash is Paysafe’s eCash solution that can now be used by millions of consumers to top up Monese accounts directly.
The first $280 million was raised at Series F funding during May. This round was led by Sequoia Capital. The extra $320 million comes from TSG Consumer Partners and IVP, among others. This brings the round to $600 million.
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