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!
Hyperjar’s CEO Mat Megens has provided Everly.eu with an exclusive interview in which he has disclosed the company’s core philosophy and why he believes the idea of a sustainable savings app is more profound than it may seem.
The German challenger bank N26 has managed to attract almost 500.000 customers in the US so far as it celebrates its 1 anniversary on the US market.
Swedish unicorn Klarna reported an increase in net losses. Atom Bank is about to raise £150m from shareholders and JPMorgan Chase is set to launch a digital bank in the UK during 2021.
With fintech company Hyperjar, the customer is able to divide their money into virtual Jars, treating each like a mini account. The Jars reflect spending habits and goals the customer sets up. Check the full interview in the link.
“Our global mission is to empower people to live and bank their way and, in our first year in the U.S., we have already seen half a million customers sign up to become more financially confident,” said Alexander Weber, Chief Growth Officer of N26.
Although Klarna experienced growth in some sectors, the net loss is $59.8 million.
If it manages to hit the £150 million target, the total Atom bank secured from its shareholders would become £600 million.
US-based bank JP Morgan is finalizing plans to open its UK challenger bank in the first quarter of 2021, according to Sky News.
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