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Fintech company Wise broke a record last week when it debuted on the London Stock Exchange (LSE) by reaching a valuation of £8.75 billion.
The Amsterdam-based challenger bunq announced that British investor Pollen Street Capital is investing 193 million euros in the bank.
Revolut is reportedly in talks with SoftBank about a funding round worth between $750 million to $1 billion with a deal expected to be a few weeks away.
Revolut gives out £250,000 over the next month, every customer is able to earn points and to win a part of the prize fund.
Starling has achieved a net hire of 551 people since 23 March 2020 as it continues to grow.
Revolut announced that 2020 adjusted revenues, that grew 57% to £261 million. However, operating losses in 2020 have doubled.
Wise, former TransferWise, is about to go public on the London Stock Exchange through a direct listing.
UK challenger Starling bank acquires Fleet mortgages as its first corporate acquisition.
Revolut junior vs. Starling Bank Kite? 🤔 Once again Everly - challenger bank news joined forces with the Scientia team and their Fintech Insights, the digital banking research platform, to compare several challenger banks' junior accounts from parent's and kid's perspectives! 👍 Check the full article here