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In 2020, European digital payments will hit $802 billion transaction value

According to data gathered by Finanso.se the European digital payments market is expected to hit a record $802 billion transaction value in 2020, which means a 9.9% yearly growth rate.

Penta raises €18.5 million in last financing round

Penta is a digital platform for business banking and it raised €18.5 million in the first closing of a new funding round backed by new and current investors.

Digital piggy banks? In the UK right before Christmas!

GoSave is a Californian fintech start-up and it is about to launch its digital piggy banks in the UK later this...

Bank account for immigrants? Remitly launches it in the US

The Seattle-based startup Remitly closed a $135 million round last summer, to go beyond money-transfer services into a wider range of financial products.

Oimio is deploying OakNorth’s credit analysis and monitoring platform!

Netherlands-based real estate lender OIMIO, focused on small and medium-sized real estate investors launched today in the Netherlands. OIMIO has signed...

Musicians getting paid through a paytech platform? Soon a reality

A US paytech "Bandpay" founded by DeCarlos Garrison is set to make sure musicians will get paid for their work.

Digital Russia? Cash is on the decline and digital payments are on the rise (thanks to Putin)

According to analysis from Sberbank, Russians made more payments digitally than with cash.

N26 has reached 5 million customers.

N26 has reached 5 million customers. In 2013, when N26 was found, has raised $683 million. In 2019 the investment round was...

The future of card payments in 2020+

Card payments have been around for decades and card companies like MasterCard or Visa have become one of the most influential...
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Dutch challenger bunq plants 1,000,000 trees on Madagascar

Amsterdam-based digital bank bunq offers an option to plant a tree for every 100€ spent with their SuperGreen premium account. Now they planted 1,000,000 trees.

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!

Chime reaches valuation of $14.5bn

Chime raised $485 million in a Series F funding round that values the American digital banking decacorn at $14.5 billion.

Monzo reached 50,000 business accounts since launch in March

Monzo spent 12 months building a business account for SMEs that has been launched March this year and managed to attract 50,000 customers according to AltFi.