Starling Bank, the UK-based digital bank founded and led by Anne Boden, has pulled its plans to operate under an Irish banking license.
TS Anil, CEO of Monzo bank, claims the company is going to continue on scaling up the business, defying the retrenchment forced on many fintechs by slowing economic growth and a downturn in markets.
The new device ‘Revolut Reader’ is designed to allow merchants of all kinds to accept payment anywhere and includes chip and pin, contactless, Google Pay, and Apple Pay.
Starling Bank is the national banking partner of Uefa Women’s Euro 2022 and now it is leveraging its financial heft to boost engagement by launching the first Fantasy Football game not designed for a men’s tournament.
Klarna’s UK executive Alex Marsh has hit out at Barclays for publishing what he called “mind-boggling” and “irresponsible”.
Revolut announced a new partnership with Salesforce with an aim to accelerate growth and transform the business banking arm of the digital bank.
For its new funding round, the Swedish BNPL giant could have to settle for a valuation of $15 billion according to the “Wall Street Journal”.
Digital bank Monzo is giving staff who earn less than £40,000 per year a one-off payment of £1,000 to help them cope with the cost of living.
Revolut has become the winner in a study by CMC Markets that has analysed the most heavily searched European online banks and fintechs.