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Thursday, January 21, 2021

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Monzo Bank founder Tom Blomfield is leaving the company

Tom Blomfield who co-founded Monzo Bank 2015, is leaving the digital bank, citing "challenges" from the pandemic, TechCrunch reported.

Challenger bank Revolut applied for UK banking license

Revolut has submitted an application for a banking license to the U.K. Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA). The challenger wants more clients to deposit...

Starling Bank’s online banking service is the most secure one

According to security researchers commissioned by "Which?" the Starling Bank’s recently-launched online banking service is the most secure among the UK’s 13 leading banks.

Revolut’s app was downloaded 5.8 Million times in 2020

The digital bank Revolut had more app downloads in 2020 than Monzo and Starling combined.

N26 is authorized to operate in Brazil

N26, a German digital bank, received authorization from the Central Bank to operate in Brazil.