Revolut Bank has been granted a full banking license in Lithuania
Revolut has finally become a full-fledged bank in Europe due to a banking license issued by the European Central Bank (ECB).
N26 is getting prepared for a wave of consolidation
Jan Kemper, CFO of N26, expects a wave of consolidation within the next three years.
Deepak Khanna becomes Revolut’s new head of wealth and trading
British digital bank Revolut has announced that it has hired banking veteran Deepak Khanna as its Head of Wealth and Trading.
Bunq becomes the first European digital bank to offer mortgages
Dutch digital bank Bunq is taking a new step and will offer mortgages from early 2022.
Monzo valuation hits $4.5 billion
British digital bank Monzo has hit $4.5bn valuation after a $500m funding round.
Nik Storonsky wants UK banking license by the start of 2022
Digital bank Revolut is a licensed bank in many countries but still not in the UK where the company is based.
Starling’s Anne Boden says banks must embrace hybrid working
Anne Boden, CEO of Starling Bank, worked in the office from dawn to dusk for most of her life.
Revolut is outpacing rivals in terms of app downloads in 2021
British digital bank Revolut has recorded a 37% increase in downloads of its Android app, new data shows.
The Great British Bounceback: research from Enterprise Nation and Starling Bank
Two-thirds of SME's are confident of increased turnover in 2022, Enterprise Nation and Starling Bank report in new research.
Revolut announced the acquisition of the ePOS Nobly POS system
Revolut has bought an ePOS system, which will be used in bars, restaurants and other segments of the hospitality industry.
N26 is withdrawing from the USA to focus on Europe
Berlin-based digital bank N26 is giving up the US business so it is able to focus on the European market.
Revolut partners with Yoppie to cover period costs
Revolut’s new campaign aims to help metal subscribers to lower their period costs with sanitary product subscription service Yoppie.
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Revolut is launching as a bank in 10 more European countries
This means the London-based digital bank is now offering deposit protection of up to € 100,000 to local customers in the particular markets.
Starling has stopped advertising on Facebook and Instagram
The CEO Anne Boden says the company won’t advertise on Facebook or Instagram ‘alongside scammers who are going after the savings of our customers.
Commodities trading now enabled by Revolut for Singapore users
The Monetary Authority of Singapore (MAS) has given permission to Revolut to allow customers to trade gold and silver on its platform.
Tencent takes stake in Monzo Bank
The tech giant from China Tencent has taken a minor stake in Monzo Bank after joining Monzo's latest funding round.
