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Thursday, May 28, 2020
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Leaked Google Pay screenshots reveal a Google debit card, a rival to Apple’s

Google is likely going to push into banking and this could include a parallel to the Apple Card.

Santander launches PagoFX in the UK to take on TransferWise

Banco Santander has launched a cross-border payments app PagoFX in the UK, taking on the might of rival fintech unicorn TransferWise.

New “Money To Pay” prepaid card from CaixaBank and Global Payments

CaixaBank and Global Payments are building on a series of partnerships to build a joint prepaid venture in Europe.

$1.2 billion deal – SoFi buys fintech Galileo

Salt Lake City-based personal finance giant SoFi just announced it plans to acquire financial technology firm Galileo.

Klarna and Transferwise will join new investor platform called Cultivate

Blossom Capital’s ‘Cultivate’ is an angel program seeking to back European unicorns. Ophelia Brown from BC has described it as “the first-of-its-kind investor platform.”

Curve launches numberless investor cards

Curve is a digital banking platform that consolidates multiple cards and accounts into one smart card and app.

UK startup Dzing launches digital payment app

Dzing is a London based and fairly new digital money and payment institution.

BNP Paribas buys Banco Sabadell depository unit for €115m

Spanish bank Banco de Sabadell reported yesterday that it agreed to sell its depositary unit to the french BNP Paribas.

TransferWise and Alipay became partners to enable money transfers to China

UK-based fintech startup TransferWise has enabled international money transfers to China through a partnership with Ant Financial’s Alipay. Transferwise’s users will be able to send Chinese yuan from 17 currencies to users of Alipay.

Alipay owner Ant Financial takes minority stake in Klarna

 Klarna, Europe’s most valuable fintech company, said on Wednesday that China’s Ant Financial Services Group had taken a small stake in...

Santander’s PagoFX to launch in spring to compete Trasnferwise

Europe's largest traditional bank Santander is within weeks of launching its fintech transfer rival, PagoFX, according to several people briefed on the plans.

Swedish fintech Klarna posts first-ever annual loss

Swedish financial technology start-up Klarna has reported an annual loss for the first time, following years of profitability.
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“Tally is a neobank, that‘s addressing the real issue with banking,” claims Cameron Parry from Tally in an interview

Cameron Parry, Tally's CEO and co-founder explained to Everly.eu in an exclusive interview what is Tally all about and why he is upset with the current state of the banking system.

Fintech and alternative lenders stand up for vulnerable SMEs

Frustrated with overwhelmed banks and what seems to be an oblivious government, some of fintech’s leading players are coming together. They’re here to stand up for Britain’s SMEs and self-employed workers – and they’re not backing down.

Danish challenger Lunar teams up with Astralis

Astralis Group has signed a three-year deal with Nordic mobile-based banking app Lunar. This deal includes a branded VISA payment card, interviews, and behind-the-scenes content.

GoHenry launches the first biodegradable debit card for children

GoHenry is a UK-based fintech focusing on pre-paid card and app for kids (with parental controls). It has just launched its biodegradable card for eco-conscious children.