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Friday, October 22, 2021
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Starling Bank will offer 6-month paid returnships

Women Returners and Innovate Finance joined forces and are launching a cross-company returner program in which Starling Bank is participating.

Monzo is about to enter buy now, pay later market

Challenger bank Monzo is set to compete with other fintech companies like Klarna or PayPal and offer buy-now-pay-later (BNPL) services.

Revolut plans to take on Klarna in the BNPL market

Revolut is not about to stop setting up new goals to shine on the FinTech market.

Bunq now offers country-specific IBANs and multi-currency function

Dutch challenger bank Bunq offers its customers a new tool with which they can load IBANs from many European countries onto their Bunq app.

Nik Storonsky targets billions of $ in sales before IPO

Digital bank Revolut still needs billions of dollars in annual sales before it can go public, according to a Bloomberg report.

Revolut seeks Australian banking license

Digital bank Revolut is seeking yet another banking license, now it has applied in Australia.

DriveWealth, Revolut’s trading provider, received $450M investment

API-based infrastructure service DriveWealth received a $450 million investment and reached a valuation of $2.85 billion.

Bafin takes on N26

The digital bank N26 was not able to get its problems with money laundering and fraud under control.

Revolut launched Payday – early wage access platform

Digital bank Revolut launches a new feature called Payday to let some customers access 50% of their salary a day earlier.

Starling’s business banking tops ratings for quality

Digital bank Starling seized the top position in the CMA ratings business category.

N26 accounts are very often investigated in money laundering proceedings

The Berlin-based digital bank N26 is one of the most important challenger banks in the EU but has constant problems fighting money laundering.

Revolut introduces new fees

Challenger bank Revolut boosted trading fees for the second time in the past six months.
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N26 has raised $900 million and is worth $9 billion

This way N26 became the second highest-valued bank in Germany, slightly ahead of Commerzbank.

Klarna is strengthening credit checks

Klarna, the “buy now, pay later” credit company, has unveiled important changes to its services in the UK.

Nik Storonsky has opened family office in London

According to Sifted, CEO of Revolut Nik Storonsky has decided to open a family office in London, UK. This...

Curve reported serious operating losses

Fintech Curve has reported an operating loss of £37.9 million in its annual results for 2020.