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US-based bank JP Morgan is finalising plans to open its UK challenger bank in the first quarter of 2021, according to Sky News.
Mastercard and TransferWise have expanded their collaboration agreement so that the issuance of cards will be allowed in any market in the...
The Danish banking app Lunar is now focusing on business banking and has provided 2,000 users with an early access to its business accounts.
The British challenger Monzo bank has relaunched its premium ‘Monzo Plus’ account with a £5/month fee. And their customers embraced it.
„Although we have about 4 million users, we spent almost nothing on marketing, “ says Ahmed F. Karslı from Papara
Ahmed F. Karslı is the founder and CEO of Papara. He got his Bachelor of Law and is currently pursuing his LLM at Istanbul University. Ahmed is a serial entrepreneur, that build his first company at the age of 17.
Founders of N26 filed a restraining order against the Works Council and are facing a serious staff unrest
Max Tayenthal and Valentin Stalf, the founders of the German challenger N26, have obtained a temporary injunction to prevent the election of the works council.
Monzo bank is now obliged to have a capital worth of 13.6 percent of its risk-weighted assets to be protected against potential losses.
Starling bank recently announced that it generated £6.7 million for the month of July 2020, meaning that it could make annual revenue of £80m.
The German challenger N26 has introduced changes in the leadership team with two new C-Level hires.