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Saturday, April 17, 2021
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Wise is about to opt for dual-class share structure IPO

FinTech unicorn Wise draws up plans for a dual-class share structure and plots a London float, Sky News reported.

Curve launched NFT auction to support theaters

London-based Fintech Curve has decided to raise money in an auction of five Curve-themed NFT’s to support London's theaters.

N26 hires former SoundCloud exec as CPO

Gilles BianRosa was hired by German challenger N26 as the new chief product officer.

Revolut applies for US banking license

After a year of Revolut's US launch, the digital bank has applied for a banking license in the country.

Challenger bank Revolut leaves Canada

Revolut decides to leave Canada after not managing to exit beta since 2019.

Monzo has reached over 135,000 paying subscribers

Digital bank Monzo has reached a combined total of 135,000 customers for its two premium bank account options since their launch in 2020

N26 uses AR to put famous women on cash

Digital bank N26 has launched a new AR effect that highlights the low representation of women on banknotes.

Dutch challenger bunq now offers instant payments across Europe

Bunq is the first challenger bank that joined the TARGET payment network, a system developed by the European Central Bank.

Starling Bank confirms £272m funding round led by Fidelity Investments

The UK challenger Starling Bank announced a £272 million Series D funding round led by Fidelity Management & Research Company.

Revolut has announced launch of Revolut Bank in 10 additional countries

Revolut bank now provides services for European countries including Bulgaria, Croatia, Cyprus, Estonia, Greece, Latvia, Malta, Romania, Slovakia and Slovenia.

Klarna confirms $1bn raise with new valuation at $31 billion

Bloomberg reported that Klarna was in the latest round of financing valued at 31 billion dollars. Klarna now confirms that information in a press release.

N26 and Raisin partner on EasyFlex savings accounts

Cross-border savings and investments marketplace Raisin and the german digital bank N26 combine their strenghts to deliver top interest rates.
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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.