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Wednesday, April 21, 2021
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Tag: banking

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.

N26 and Raisin partner on EasyFlex savings accounts

Cross-border savings and investments marketplace Raisin and the german digital bank N26 combine their strenghts to deliver top interest rates.
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Revolut’s new funding could mean a 10B $ valuation for the company

Revolut is about to step into new fundraising and the new valuation of the company is expected to be at more than $10bn (£7.2bn).

N26 enters the insurance market

N26 is partnering with Simplesurance and launched an "attack on the European insurance industry" and launches first on-demand offer.

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.*

Monzo partnered with RAC to enhance its premium options

Monzo has reached a combined total of 135,000 customers for its two premium bank account options since their launch in 2020 and now it extends their benefits.