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.
Starling reportedly bought £1 billion mortgage book
Starling Bank has reportedly decided to buy another mortgage book for an estimated price of £1 billion.
Standard Chartered launched Shoal with Starling Bank’s BaaS
Standard Chartered new fintech brand Shoal presents green digital banking platform and is powered by Starling bank's digital platform.
Starling Bank is about to offset its carbon emissions
From 2021 the digital bank Starling is going to be on its way to becoming carbon neutral.
N26 client acquisition gets limited by BaFin
The German financial services supervisor, BaFin, requires the German Fintech star to limit the acquisition of new clients to 50,000 per month.
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Revolut won’t refund money to a woman who got scammed of £8,000 from her Vaults
Deborah Wright lost £8,000 of savings from her Revolut accounts to fraud in October, BBC reported.
TS Anil, CEO of Monzo, claims the bank will turn into profit in 2023
“We will be profitable in the next financial year,” TS Anil, chief executive of Monzo, told the FT’s banking summit on Thursday.
Klarna launched the platform that helps retailers to increase sales by 300%
Recently the world-leading global retail bank Klarna has launched their new Creator platform that helps retailers find influencers best suited to their...
