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Monday, September 28, 2020

Jan Cerny

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

Finch was founded by a former N26 employee, now it secures $1.8M seed round

Finch is a US-based fintech startup that aims to integrate the benefits of investing with the flexibility of checking into an all-in-one account.

Klarna becomes Europe’s most valuable fintech hitting over $10 billion valuation

Swedish BNPL provider Klarna has raised $650 million in funding led by Silver Lake with the valuation of the company hitting $10.65 billion.

Credit Suisse about to launch its own digital service to “challenge the challengers”

The well-known Swiss bank Credit Suisse is launching a new digital banking service. This new offering aims to compete with challenger banks like Revolut.

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!

Santander doubles funds to $400M with the launch of Mouro Capital

Banco Santander's FinTech venture capital Innoventures fund is moved under a new entity called Mouro Capital.

Revolut and Sage announce a new partnership

Sage Accounting has been integrated with Revolut to enable SME's to take advantage of the fintech’s innovative spend analytics platform.

Klarna is looking to raise $500 million and double valuation to $10bn

The Swedish fintech unicorn Klarna asked investors for a new round of funding. This one would set the company's value to $10 billion.

Starling launches Kite card for kids

British challenger Starling Bank is set to launch the Kite debit card, which is dedicated to being used by children up to the age of 16.

Revolut now offers crypto trading in Australia

First Revolut launched in Australia last month, now it is also offering the crypto trading services.

Brazilian challenger Nubank secures $300 million funding

Brazil's fintech startup Nubank has raised $300 million in equity investments, according to a filing with the U.S. Securities and Exchange Commission.

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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.