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Home weekly top 5 news The Everly Summary (weekly TOP5 news)

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!

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.

1st place: Hyperjar’s CEO Mat Megens: “Getting people into debt is an unhealthy model, we provide them with a sustainable savings option instead”

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.

2nd place: N26 celebrates 1 year anniversary of US launch

“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.

3rd place: Swedish unicorn Klarna reports increase in net losses

Although Klarna experienced growth in some sectors, the net loss is $59.8 million.

4th place: Atom Bank about to raise £150m from shareholders

If it manages to hit the £150 million target, the total Atom bank secured from its shareholders would become £600 million.

5th: JPMorgan Chase is set to launch a digital bank in the UK during 2021

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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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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