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Klarna has launched new openbanking brand called Kosma

With Kosma, the Swedish payment provider Klarna is launching its own brand for its open banking function, which is aimed at financial service providers.

Revolut has offered relocation support to all its Ukraine-based employees

Fintech companies like Revolut, Zopa and bunq decided to offer relocation initiatives for workers in Ukraine.

New payment options: eBay and Klarna start strategic partnership

The US Internet auction house eBay and the Swedish financial services provider Klarna are entering into a strategic partnership.

Starling Bank considers opening office in Leeds or Manchester

British Starling Bank is considering opening an office in Leeds or Manchester as it continues to increase its market share.

Klarna wants to prevent customers from getting excessively indebted

The Swedish financial services provider has been repeatedly criticized in the past for making it easier for young people to take out debt. With the new changes, the company wants to address this problem.

Nik Storonsky, CEO Revolut, has publicly condemned the Russian invasion of Ukraine

Storonsky also claims his company would match up to £1.5 million (US$2 million) in donations to the Red Cross Ukraine appeal.

FinovateEurope returns to London on 22-23 March

Finovate conferences showcase cutting-edge banking and financial technology through a unique blend of short-form demos and key insights from thought leaders.

Bunq wants to receive refugees from Ukraine

Bunq wants to receive refugees from Ukraine, Bulgaria and Georgia.

ecolytiq partners with TapiX by Dateio

A dynamic partnership has been announced between Berlin-based Sustainability-as-a-Service® provider ecolytiq, and TapiX, Dateio’s API-based service that enriches payment data in real-time.

Revolut about to add new features for its travel product

Revolut's travel product Stays is going to have a new feature that lets customers book their stay and pay when they arrive.

Revolut launched Payroll service in UK

Revolut Business customers will be able to pay their employees in ‘clicks, not hours’ thanks to the new Payroll system introduced by the company.

Starling Bank investing in eight projects that remove CO2

In a recent blog post, British challenger bank Starling announced an advancement in green projects they picked to support to fight climate change.
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Monzo gives its lowest-paid employees £1,000 cost of living payment

Digital bank Monzo is giving staff who earn less than £40,000 per year a one-off payment of £1,000 to help them cope with the cost of living.

N26 incorporates Bizum for its customers in Spain

The N26, a German digital bank, now also integrates Bizum among its payment methods, as for example, Orange Bank did in January 2021.

Klarna is set to make second round of job cuts

Swedish BNPL company Klarna Bank AB announced it will slash jobs once again after losing $39 billion of its valuation.

Revolut has become the most searched online bank in Europe

Revolut has become the winner in a study by CMC Markets that has analysed the most heavily searched European online banks and fintechs.