8.6 C
New York
Thursday, October 6, 2022
Home Uncategorized 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!

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 placeTinkoff 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.

Thanks for joining us and be sure to subscribe to our Twitter account to get more exciting fintech news every day!

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

Recent posts

Monzo gives its lowest-paid employees £1,000 cost of living payment

Digital bank Monzo is giving staff who earn less than £40,000 per year a one-off payment of £1,000 to help them cope with the cost of living.

N26 incorporates Bizum for its customers in Spain

The N26, a German digital bank, now also integrates Bizum among its payment methods, as for example, Orange Bank did in January 2021.

Klarna is set to make second round of job cuts

Swedish BNPL company Klarna Bank AB announced it will slash jobs once again after losing $39 billion of its valuation.

Revolut has become the most searched online bank in Europe

Revolut has become the winner in a study by CMC Markets that has analysed the most heavily searched European online banks and fintechs.