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Thursday, July 29, 2021
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Starling Bank hired 551 employees since March 2020

Starling has achieved a net hire of 551 people since 23 March 2020 as it continues to grow.

How are transfer apps building trust with their users?

For a few years now, consumer attitude towards finance and banking has been changing. A rapid rise in digital consumption has resulted in more technology and innovation than ever before, with total fintech investment in Europe skyrocketing to $58.1bn in 2019.*

Revolut adds 11 new crypto tokens

Revolut announced this Thursday that 11 more crypto-tokens were added to the option for users to buy and sell.

Revolut plans to start with a $25 million investment in India

CEO Nikolay Storonsky told Business Insider India that the company is about to make an investment of $20 million–$25 million to break into India by the end of 2021.

Revolut applies for US banking license

After a year of Revolut's US launch, the digital bank has applied for a banking license in the country.

Starling Bank launches cards made from recycled plastic

The digital bank has introduced new Mastercard debit cards which are to be made from recycled plastic.

Challenger bank Revolut leaves Canada

Revolut decides to leave Canada after not managing to exit beta since 2019.

N26 uses AR to put famous women on cash

Digital bank N26 has launched a new AR effect that highlights the low representation of women on banknotes.

Starling Bank confirms £272m funding round led by Fidelity Investments

The UK challenger Starling Bank announced a £272 million Series D funding round led by Fidelity Management & Research Company.

Revolut has announced launch of Revolut Bank in 10 additional countries

Revolut bank now provides services for European countries including Bulgaria, Croatia, Cyprus, Estonia, Greece, Latvia, Malta, Romania, Slovakia and Slovenia.
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Starling Bank’s first acquisition is Fleet Mortgages

UK challenger Starling bank acquires Fleet mortgages as its first corporate acquisition.

Starling Bank revenue skyrockets by 600%

The digital bank Starling has managed to grow revenues to £97.6 million from £14 million in the previous period.

Revolut launched a travel booking feature

After Softbank lead an $800 million investment into Revolut, the UK-based challenger bank came up with another feature - travel booking.

Kid accounts and challenger bank options for children

Revolut junior vs. Starling Bank Kite? 🤔 Once again Everly - challenger bank news joined forces with the Scientia team and their Fintech Insights, the digital banking research platform, to compare several challenger banks' junior accounts from parent's and kid's perspectives! 👍 Check the full article here