EMMA POOLE
What are the long-term effects of Covid 19 pandemic for UK Fintech firms?
In the blink of an eye, the working world has embraced Zoom, Microsoft Teams and other collaborative tools so they can keep working from home. This change in behaviour has opened many eyes and is likely to have a lasting impact on how banking — and business — is conducted as the global pandemic recedes.
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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!
Robinhood managed to raise another $460m
The stock trading app Robinhood has added $460m to its Series G funding round closing a total of $660 million at an $11.7 billion valuation.
Yandex agrees to Tinkoff bank acquisition for $5.5bn
Yandex is Russia’s biggest tech company and now it is set to buy the challenger bank called Tinkoff for $5.5 billion.
TransferWise reports 70% revenue growth and a 4th straight year of profitability
Annual revenue at TransferWise grew to £302.6 million, the company. These results show a net profit after tax of £21.3 million for fiscal year ending March 2020.
