Mastercard and Marqeta expand partnership
Marqeta, which offers a card issuing platform, and Mastercard plan to expand into new regions and launch additional card programs together. Their expansion plan will begin in Asia Pacific.
Starling introduces Online Banking for personal customers
Starling Bank said the desktop option of online banking is in response to customer demand. Current account customers are now able to manage their money via desktop or laptop.
Monese integrates Thought Machine’s core banking package Vault
Monese and Thought Machine have are now cooperating with the challenger bank's expansion.
Staff in Revolut frustrated about the share option scheme
The challenger bank Revolut has once got into a dispute with its employees.
Starling Bank partners with Trillion Trees to support sustainability
Every time customer recommends Starling to someone and that person becomes a new Starling customer through the referral journey, Starling’ll plant a tree as a thank you.
Curve Credit hires Henry Kenner as non-executive director
Just like Klarna, Curve credit offers credit on purchases made with your Curve card, which is to be paid back in instalments.
Hungarian fintech startup Péntech receives funding of EUR 700K
Péntech entered the market in beta mode in the autumn of 2019. Since spring 2020 the digital factoring platform is fully functional and is used by more than 300 registered users.
N26 names Dropbox’s Adrienne Gormley as its new COO
The German challenger N26 has introduced changes in the leadership team with two new C-Level hires.
Penta, the Berlin-based digital business bank
Penta provides banking for small and medium-sized enterprises (SMEs) and is headquartered in Berlin, with offices in Milan and Belgrade.
Yandex agrees to Tinkoff bank acquisition for $5.5bn
Yandex is Russia’s biggest tech company and now it is set to buy the challenger bank called Tinkoff for $5.5 billion.
TransferWise reports 70% revenue growth and a 4th straight year of profitability
Annual revenue at TransferWise grew to £302.6 million, the company. These results show a net profit after tax of £21.3 million for fiscal year ending March 2020.
Allica Bank is launching a £100m funding round
Allica Bank has already closed a £26 million investment and now is launching a new £100 million funding round to meet the current high levels of demand for its services.
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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.
The Everly Summary (weekly TOP5 news)
Welcome to Everly.eu’s weekly summary. Let’s see the most important news we have covered during the last week in a TOP 5 list!
Revolut nominates Richard Holmes to oversee its UK bank license application
Challenger bank Revolut applied for UK banking license and ex-Standard Chartered chief Richard Holmes is supposed to aid the process.
Wirex raises £3.7m through crowdfunding
Wirex is operating in 130 countries with 3.1m registered users and is a crypto-currency payments platform that launched the world’s first Visa crypto-enabled payments card.
