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Thursday, July 2, 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.

Checkout.com closes $150m Series B round as it triples its valuation to $5.5bn

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 says missing €1.9 billion probably does not even exist

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.

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...

Tinkoff super app now features the goods.ru marketplace

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.

Raisin brings customer services under one roof

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 launches account aggregation feature in Ireland with the help of TrueLayer

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.

N26 launches new premium business account with a cashback offer

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’s valuation drops by 40% to £1.25B as it sealed a £60M funding round

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.

Starling Bank introduces in-app Slack integration and other new features

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

Bunq claims to be thriving despite the COVID-19

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

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Revolut adds American Express to open banking feature

Challenger bank Revolut announced the addition of American Express to its Open Banking feature. This allows Revolut retail customers in the UK to connect their American Express bank account to Revolut.

N26 extends its partnership with TransferWise

TransferWise for Banks and N26 have extended partnership to offer fast, low-cost and transparent international transfers to their customers.

Curve is back online after the Wirecard scandal

Curve customers are now able to make payments as usual. This comes after a three-day outage starting last Friday since Curve's infrastructural provider Wirecard activities were frozen by the FCA.

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!