Financial API provider TrueLayer has recorded a serious increase of UK consumers using Payment Initiation (PI) during the lockdown.
Revolut managed to raise $80 million from TSG Consumer Partners while Monzo bank’s losses jumped from £47.2m to £113.8m. CFTE has done a research among its employees to see if challenger banks stand a chance to ever replace the incumbent banks so customers use them as their primary account.
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 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.
GoSave is a Californian fintech start-up and it is about to launch its digital piggy banks in the UK later this...
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.
Netherlands-based real estate lender OIMIO, focused on small and medium-sized real estate investors launched today in the Netherlands. OIMIO has signed...
A US paytech "Bandpay" founded by DeCarlos Garrison is set to make sure musicians will get paid for their work.
According to analysis from Sberbank, Russians made more payments digitally than with cash.
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Revolut mistakenly announced that premium customers will be able to transfer Bitcoin (BTC) from the platform to external wallets.
Starling Bank has the most switched-to digital-only bank and the second most switched-to bank in the final quarter of 2020.