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!
According to ‘well-placed sources’, Starling has hired independent financial advisor Rothschild Co. with the aim of raising a new £200 million round, TechCrunch reported.
HSBC is taking on the digital Fintech giants like TransferWise and Revolut with the launch of Global Money Account.
Tinkoff reports strong results in 3Q’20 and announces 2020 interim dividend, Italy-based banking challenger AideXa has secured €45 million in funding through a seed round and OakNorth hires Jessica Reiter as new CMO and Anya Darrow as VP of customer success.
1st place: Starling Bank is about to raise £200m in funding round
Until now, Starling has raised £363m, including a £100m grant from the RBS competition fund.
2nd place: HSBC is set to launch rival product to TransferWise
HSBC’s Global Money Account is a free mobile-based service that customers can use to hold, manage and send funds in various currencies.
3rd place: Tinkoff reports strong results in 3Q’20 and announces 2020 interim dividend
The digital bank has also exceeded 12 million customers and became Russia’s third-largest bank by the number of active customers.
4th place: Italian challenger bank AideXa raises €45 Million
Aidexa goal is to use a combination of AI and Open Banking to target the seven million businesses in Italy with a turnover of about €10 million.
5th place: OakNorth hires Jessica Reiter as new CMO and Anya Darrow as VP of customer success
Both women are about to be key members of the business Executive Leadership Team.
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