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Monzo abandons application for US banking license

British challenger bank Monzo decided to withdraw from the application for a U.S. banking license.

N26 fined 4.25 million euros for money laundering

The German challenger N26 was ordered to pay a fine of 4.25 million euros by the German financial regulator BaFin.

Starling set to offer Banking as a Service across Europe

The British challenger bank Starling has been planning to move to mainland Europe for three years, now the time has come.

N26 lost Georg Hauer to Hawk AI

N26 will need a new head of Germany as Georg Hauer, General Manager DACH & Northern Europe, is leaving the online bank at the end of October.

Revolut used Bitcoin to pay for Texas Office Space

Digital bank Revolut has used bitcoin to pay for office rent in the United States to show how the company perceives the world of cryptocurrencies.

Revolut secures US trading license and takes on Robinhood

Revolut has secured itself a US broker-dealer license and is now about to compete in the trading app market, according to CNBC.

Riyadh-based FinTech platform Tweeq raises a seven-figure investment round, co-led by STV and Raed Ventures

Riyadh-based FinTech platform Tweeq raises a seven-figure investment round, co-led by STV and Raed Ventures

Revolut offers a rainbow card to celebrate pride month

Revolut has prepared a surprise for customers on the occasion of Pride Month, which is the month of pride of the LGBT + community.

How are transfer apps building trust with their users?

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.*

Which challenger bank has the best onboarding process

Last time we were talking about how my brother was stuck in London and needed to pay but didn't have a credit...

Challenger bank comparison – who is the fastest?

My brother was traveling from London back to Prague but lost his wallet with all the cash he had and also his...

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!
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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.