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...
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.