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Starling Bank withdraws from European license application

Starling Bank, the UK-based digital bank founded and led by Anne Boden, has pulled its plans to operate under an Irish banking license.

Monzo must press ahead with its big ambitions, says CEO

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.

Revolut hits 20 million users

Digital bank Revolut has just surpassed 20 million retail customers worldwide as the company celebrates its 7th anniversary.

Wechselpilot partners with N26

Thanks to the partnership, N26s' customers can now switch their electricity and gas providers automatically.

Revolut will launch its first hardware device for business customers in the UK and Ireland

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.

Finally… The end of Excel for treasurers?

Is it finally the end of spreadsheet thinking for Corporate Treasurers? As of 2019, 91% still used Excel as their main cash...

Starling Bank launched Fantasy Football game for the UEFA Women’s EURO of women’s football

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.

Revolut has joined the buy now pay later market

Revolut is piloting a new 'buy now, pay later' service in Ireland beginning this week.

Klarna in conflict with Barclays over ‘Irresponsible’ Buy-Now-Pay-Later research

Klarna’s UK executive Alex Marsh has hit out at Barclays for publishing what he called “mind-boggling” and “irresponsible”.

Starling Bank has hit 3m account milestone

Starling Bank has passed the three million current account milestone, which “includes more than 460,000 small business accounts,” according to a recent update.

Revolut teamed up with Salesforce to help grow Revolut Business

Revolut announced a new partnership with Salesforce with an aim to accelerate growth and transform the business banking arm of the digital bank.

Klarna’s valuation is down by 66% as the company looks for funding

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”.
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Monzo gives its lowest-paid employees £1,000 cost of living payment

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.

N26 incorporates Bizum for its customers in Spain

The N26, a German digital bank, now also integrates Bizum among its payment methods, as for example, Orange Bank did in January 2021.

Klarna is set to make second round of job cuts

Swedish BNPL company Klarna Bank AB announced it will slash jobs once again after losing $39 billion of its valuation.

Revolut has become the most searched online bank in Europe

Revolut has become the winner in a study by CMC Markets that has analysed the most heavily searched European online banks and fintechs.