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NorthOne joins The Clearing House’s Real-Time Payment Network

NorthOne is partnering with The Bancorp Bank, N.A. to join The Clearing House's Real-Time Payment network. 

Banks Worry USDC Stablecoin Could Turn into ‘Backdoor CBDC’ with BlackRock’s Assistance

The Bank Policy Institute (BPI),raised concerns that a proportion of the USDC stablecoin reserves could be parked at the Federal Reserve, despite the stablecoin issuer not having a central bank account.

Revolut receives €70,000 fine in Lithuania

Digital bank Revolut was fined €70,000 at the end of 2022 for failing to submit audited annual financial statements to the Bank of Lithuania in due time in violation of Lithuanian laws on financial institutions.

Technology Investment Trends to Keep an Eye On in 2023

Technology Investment Trends to Keep an Eye On in 2023

N26 announced changes to leadership structure

With immediate effect, N26 co-founder Maximilian Tayenthal will “take over the role of Chief Operating Officer, while retaining his role as Managing Director of N26 Bank AG.”

Revolut will release delayed 2021 financial statement in 2023

Revolut, a UK challenger bank, will release its delayed financial statement for the fiscal year 2021 in 2023.

Revolut users scam complaints more than double since 2020

Complaints made to the Financial Ombudsman of “authorised” scams on the platform have gone from 242 to 516 in just two years, The Telegraph reported.

Atom has formalised a four-day working week policy after a successful trial

Atom bank is embracing a permanent four-day week for all employees in 2024, following a successful trial period this year.

Starling Bank launches first savings account

Digital challenger Starling Bank is set to launch its first Fixed Saver product offering 3.25% interest.

“You have to build a brand that teenagers are excited about but also a brand with which parents can connect” claims Morgan Wirtz RISE...

Morgan Wirtz from Brussels co-founded and serves as a CEO of a very progressive and inspiring money app called RISE. Since starting the company two years ago, he has raised a $1.9 million seed round and gathered a team of 20 experts to build a bank for teenagers, helping them with their spending and savings. 

Revolut is Europe’s most valuable startup after Checkout.com slashed its internal valuation

Checkout.com has been knocked off its spot as Europe’s highest-value startup and replaced by a digital bank and super-app Revolut.

Starling Bank has launched virtual cards and updated its ‘Spending Insights

Starling Bank has added virtual cards to the in-app features it offers personal current account customers.
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Partnership between Credits and Unlimint

Credits is a digital neobank that combines many financial services into one application, focusing on providing financial services for the cryptocurrency space.

UK Neobank Zopa Raises £75 Million in All-Equity Investment

The company has 850,000 customers across its different businesses and is on track to be profitable for the full year in 2023, the first time since its founding 17 years ago.

UK SMEs Lean on Business Finance and Credit for Growth and Sustainability

As interest rates remain high, borrowing will continue to play a significant role in helping these businesses achieve their goals.

UK FinTech Funding: A Resilient Performance Amid Global Decrease

Despite the decline in funding for UK fintechs, there are still investment opportunities available.