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Thursday, January 28, 2021
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TransferWise is preparing to hire bankers for 2021 IPO

The Fintech unicorn TransferWise has decided to ask investment banks to pitch in the new year for roles on an impending initial public offering (IPO), Sky News reported.

N26 data research shows only 27% of people feel in control of their finances

N26 is a german challenger bank that is live in 25 countries including the US. Last week it has announced survey results from its larger “Big Banking Chat”.

Lights and shadows of Fintechs and Big Banks collaboration

The start-up and corporation universes’ collaborations are one of the key areas for improvement, especially in the innovation scaling-up. It can be a huge opportunity for the start-up to access an active power source of big corporations.
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N26 announced the appointment of Dr. Jan Kemper as CFO

N26's leadership bench extended with the appointment of Dr. Jan Kemper as Chief Financial Officer.

Chubb and Revolut announce partnership deal

Provider of insurance services Chubb has partnered with unicorn challenger Revolut to offer a broader range of their services to Revolut’s customers.

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.

UK Government voted down BNPL regulation bill

70 MPs have decided to vote down a bill which was supposed to regulate buy now, pay later companies like Klarna, Laybuy and Clearpay.