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N26 welcomes Subhashini Simha as Global Director of Product Marketing

The German challenger bank made the announcement last week on LinkedIn and it was met with great praise.

Tinkoff adds messenger built into its super app

Russian banking group Tinkoff introduced a monetary messenger designed to fit into its mobile app.

Monument, digital bank for the rich, gets UK banking license

A new digital-only bank Monument has received an "authorization with restriction" now aims for the UK’s richest and is set to launch within months.

TransferWise expands its global partnership with Mastercard

Mastercard and TransferWise have expanded their collaboration agreement so that the issuance of cards will be allowed in any market in the...

Nordic challenger Lunar launches business account, a new premium option

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.

Peter Trebelev, Head of Growth at Rizq: “The market is so saturated, that only niche propositions have the potential to survive.”

Rizq is a UK-based Islamic digital challenger bank and it is preparing for its launch this summer. The challenger bank aims to solve mainstream banking issues for Muslims in the West, which is in line with their values and lifestyle.

Monzo’s CEO won’t take his salary for 12 months

Monzo bank's CEO Tom Blomfield is forgoing his salary for a year. Monzo is also offering voluntary furloughs to its employees.

CTO of UK challenger bank Monzo Meri Williams steps down

Multiple sources confirmed that Meri Williams, who joined Monzo bank in September 2018, announced internally that she was departing.

How is COVID-19 reshaping the fintech work environment

The coronavirus pandemic is obviously having a major impact on the world economy, and although tech and digital companies, including fintechs may be in the best shape ever, they are still facing the consequences in various ways.

“Imagine no branches” Nearly 70% of bank branches to disappear in the next 10 years

The Covid-19 outbreak is having irreversible impacts on the banking industry already. Above all, it forces banks to shut their branches. And digital challengers such as N26 are quick to jump on the opportunity to change customer behaviour for good.

As stores in the UK close, cash usage drops to half

ATM network Link said their customer's usage of the cash machines and cash has fallen by 50% during last week.

Revolut and Monzo combat rumors of their collapse

The upcoming economical crisis caused by the Covid-19 pandemic makes people focus on the financial health of the so far non-profiting fintech companies as Revolut and Monzo are.
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How are transfer apps building trust with their users?

For a few years now, consumer attitude towards finance and banking has been changing. A rapid rise in digital consumption has resulted in more technology and innovation than ever before, with total fintech investment in Europe skyrocketing to $58.1bn in 2019.*

Monzo partnered with RAC to enhance its premium options

Monzo has reached a combined total of 135,000 customers for its two premium bank account options since their launch in 2020 and now it extends their benefits.

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.