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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% 

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