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Sunday, November 27, 2022
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Revolut acquired India’s Arvog Forex

This acquisition seriously strengthened Revolut's foundation in India as the company eyes full-scale digital banking setup.

Bunq is responding to demand with the launch of an investment function

Dutch challenger bunq is one of Europe's first neobanks to offer its users a simple and sustainable way to invest their money.

N26 set to launch cryptocurrency options in 2022

The company's co-founder admits that rushing for a global expansion has caused N26 to drop behind in crypto and equities trading.

Starling tops UK’s best customer experience chart

KPMG’s Customer Experience Excellence Report has surveyed almost 10,000 UK consumers and has put Starling Bank on the first place.

Revolut is launching as a bank in 10 more European countries

This means the London-based digital bank is now offering deposit protection of up to € 100,000 to local customers in the particular markets.

Starling has stopped advertising on Facebook and Instagram

The CEO Anne Boden says the company won’t advertise on Facebook or Instagram ‘alongside scammers who are going after the savings of our customers.

Commodities trading now enabled by Revolut for Singapore users

The Monetary Authority of Singapore (MAS) has given permission to Revolut to allow customers to trade gold and silver on its platform.

Tencent takes stake in Monzo Bank

The tech giant from China Tencent has taken a minor stake in Monzo Bank after joining Monzo's latest funding round.

41% of Starling Bank’s senior management are women

This comes with the 4th year anniversary of Anne Boden signing up to the Treasury’s Women in Finance Charter.

Revolut Bank has been granted a full banking license in Lithuania

Revolut has finally become a full-fledged bank in Europe due to a banking license issued by the European Central Bank (ECB).

N26 is getting prepared for a wave of consolidation

Jan Kemper, CFO of N26, expects a wave of consolidation within the next three years.

Deepak Khanna becomes Revolut’s new head of wealth and trading

British digital bank Revolut has announced that it has hired banking veteran Deepak Khanna as its Head of Wealth and Trading.
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