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Sunday, February 5, 2023
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Tag: accounts

Starling becomes second most switched-to bank in UK

Starling Bank has the most switched-to digital-only bank and the second most switched-to bank in the final quarter of 2020.

Monzo has reached over 135,000 paying subscribers

Digital bank Monzo has reached a combined total of 135,000 customers for its two premium bank account options since their launch in 2020

Klarna launches bank account in Germany

The buy now, pay later giant Klarna is poaching into banking with launching its first current account.

Revolut launches Revolut Plus, a mid-tier premium account

Revolut announced the launch of an affordable premium option called Revolut Plus for £2.99 per month.

N26 launches new premium account called N26 Smart

The German digital bank N26 is aligning its product range to the new consumer habits during the pandemic and the decline of vacation and business trips.

Revolut junior introduces new “Co-Parent” Feature

The Co-Parent allows all the premium customers using Revolut Junior are now able to invite another parent or guardian to manage the child’s account cooperatively.

Revolut and TrueLayer are bringing Open Banking to users in Germany

With the new Open Banking function (linked accounts), Revolut customers can now link all their bank accounts at Comdirect, Commerzbank, Deutsche Bank, ING-DiBa and Sparkasse in the Revolut app.

HSBC is set to launch rival product to TransferWise

HSBC is taking on the digital Fintech giants like TransferWise and Revolut with the launch of Global Money Account.

HyperJar is offering free Kid Card for children aged 6-15

Kids aged 6-15 will get their own prepaid Mastercard, paired to an adult HyperJar account.

Starling Bank integrated PayStream for business customers

PayStream is online accounting software that is designed with contractors in mind and is now integrated into the Starling business account.
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Partnership between Credits and Unlimint

Credits is a digital neobank that combines many financial services into one application, focusing on providing financial services for the cryptocurrency space.

UK Neobank Zopa Raises £75 Million in All-Equity Investment

The company has 850,000 customers across its different businesses and is on track to be profitable for the full year in 2023, the first time since its founding 17 years ago.

UK SMEs Lean on Business Finance and Credit for Growth and Sustainability

As interest rates remain high, borrowing will continue to play a significant role in helping these businesses achieve their goals.

UK FinTech Funding: A Resilient Performance Amid Global Decrease

Despite the decline in funding for UK fintechs, there are still investment opportunities available.