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Tuesday, June 22, 2021
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Revolut adds 11 new crypto tokens

Revolut announced this Thursday that 11 more crypto-tokens were added to the option for users to buy and sell.

Starling Bank and Funding Options join to support SME’s

Starling Bank and Funding Options decided to join forces and help SME's with their recovery in 2021.

Revolut partners with Anthony Joshua and launches glowing card

Revolut announced a partnership with boxing heavyweight champion Anthony Joshua to promote a new card design.

Revolut plans to start with a $25 million investment in India

CEO Nikolay Storonsky told Business Insider India that the company is about to make an investment of $20 million–$25 million to break into India by the end of 2021.

N26 hires former SoundCloud exec as CPO

Gilles BianRosa was hired by German challenger N26 as the new chief product officer.

Revolut applies for US banking license

After a year of Revolut's US launch, the digital bank has applied for a banking license in the country.

Starling Bank launches cards made from recycled plastic

The digital bank has introduced new Mastercard debit cards which are to be made from recycled plastic.

Challenger bank Revolut leaves Canada

Revolut decides to leave Canada after not managing to exit beta since 2019.

Monzo has reached over 135,000 paying subscribers

Digital bank Monzo has reached a combined total of 135,000 customers for its two premium bank account options since their launch in 2020

N26 uses AR to put famous women on cash

Digital bank N26 has launched a new AR effect that highlights the low representation of women on banknotes.

Dutch challenger bunq now offers instant payments across Europe

Bunq is the first challenger bank that joined the TARGET payment network, a system developed by the European Central Bank.

Starling Bank confirms £272m funding round led by Fidelity Investments

The UK challenger Starling Bank announced a £272 million Series D funding round led by Fidelity Management & Research Company.
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Revolut revenue grows but operating losses double to £201m

Revolut announced that 2020 adjusted revenues, that grew 57% to £261 million. However, operating losses in 2020 have doubled.

Bunq valued at 1.65 billion € after first investment

Dutch digital bank Bunq managed to close the very first funding round with an undisclosed British private equity firm.

Wise expects valuation of £9bn with new London listing

Wise, former TransferWise, is about to go public on the London Stock Exchange through a direct listing.

N26 exceeds 2 million customers in France

N26 announced that it has convinced 2 million French customers to use its services after 4,5 years since entering the market.