N26 partners with adidas to provide customers with a new perk
German challenger bank N26 has announced a partnership with another German brand, the sportswear giant adidas.
Starling Bank extends SME features by adding Penfold to the marketplace
Penfold is a pension provider for self-employed and is the latest addition to Starling Marketplace, where the customer is able to browse third-party providers and services.
Lunar launches Denmark’s first metal card as part of a ‘Pro’ premium account
Nordic challenger bank Lunar that has offices across Denmark, Sweden, and Norway, has announced the launch of their new premium 'Pro' account that comes with a metal card.
Revolut finally extends cryptocurrency trading feature to the US
Revolut announced this Wednesday that it will start offering its cryptocurrency trading services in the U.S.
Monzo is finally launching its premium ‘Plus’ subscription account
British challenger Monzo bank has relaunched its premium 'Monzo Plus' account with a £5/month fee.
Peter Trebelev, Head of Growth at Rizq: “The market is so saturated, that only niche propositions have the potential to survive.”
Rizq is a UK-based Islamic digital challenger bank and it is preparing for its launch this summer. The challenger bank aims to solve mainstream banking issues for Muslims in the West, which is in line with their values and lifestyle.
Monese partners with Paysafe to enhance access to cash services
Paysafecash is Paysafe’s eCash solution that can now be used by millions of consumers to top up Monese accounts directly.
Starling launches ‘Business Toolkit’ subscription account and US dollar account
Starling's 'Business Toolkit' is out of beta since this week, offering a £7/month subscription account dedicated to SMEs and offering them various features.
Monzo’s new open banking feature is called ‘easy bank transfer’
Monzo bank has been recently working on a simpler way to move money into the Monzo account from other major UK banks.
Penta raised €4 M from new investors
Berlin-based neobank Penta has raised an additional €4m from new investors and topped up its €18.5m Series B funding round from March this year.
Monzo’s co-founder Tom Blomfield steps down from the board
With this move, Blomfield takes part in the process of clearing the path for the new CEO TS Anil and moving into the role of President.
Revolut launches rainbow card to mark Pride celebrations
Revolut has released a new rainbow-colored card for customers in the UK and Europe as a support for inclusivity as Pride celebrations began across Europe.
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Curve is set to raise £100m in the upcoming Series C
Curve has managed to overcome the Wirecard struggle and now is looking to raise fresh capital, according to Sifted.
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!
TransferWise hits $5bn valuation
TransferWise early investors sold some of their stakes in a $319 million secondary deal. With that, the value of the company was estimated at $5bn.
Monzo bank future in doubt as losses double
Monzo bank’s losses jumped from £47.2m to £113.8m amid a hiring spree, marketing and US expansion.
