Jan Cerny

London-based payments startup Checkout.com has tripled its market valuation to $5.5 billion after banking a $150m Series B funding round and has remained profitable in the eight years since its foundation in 2012.

Wirecard is a German payments company and its shares have fallen by more than 60% after the firm said its auditors from Ernst & Young had raised questions over cash balances worth €1.9bn last week.

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...

Tinkoff is consistently trying to expand the range of lifestyle services offered in its super app. Now the Russian challenger bank announces a partnership with goods.ru, a marketplace that brings together Russia's leading online stores.

One of the stated goals of the Raisin platforms is Europe-wide, cross-border access to financial products. Germany-based Raisin is now making use of the recent acquisition of MHB Bank for bringing customer accounts from 31 countries to its own Raisin bank.

Revolut has extended its open banking feature to Ireland. This feature launched in the U.K. during February. The partnership with TrueLayer enables customers to add third-party bank accounts to your Revolut account.

German challenger bank N26 launched N26 Business Metal this week, a new premium business account with an exclusive 0.5% cashback on purchases. This acc. is focused to help freelancers, the self-employed and entrepreneurs to get the most out of their finances.

Monzo bank is a key market player in the U.K. with more than 4 million customers, now it has confirmed it has closed £60 million in top-up funding. But the paper value of the challenger bank now dropped from £2.0 billion to £1.25 billion.

UK challenger Starling Bank has integrated three new in-app products to its business banking platform.

Dutch challenger bunq has seen growth in deposits and is hiring new staff as other neobanks are cutting jobs.