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Saturday, April 17, 2021
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Tag: banking

Mastercard announces first European Cyber Resilience Centre!

Mastercard yesterday announced it is developing its first European Cyber Resilience Centre, a state-of-the-art cyber and security center in Europe that will drive collaboration between both public and private sectors, as well as regulatory bodies to further support enterprise resilience in the region.

Monzo is hiring! And relaunching paid accounts

British digital bank Monzo is a fast-growing business, so it plans to hire up to 500 people and forecasts it will get 5.5 million users this year.

A new unicorn in Boston? Flywire secures $120 Million in Series E and a Unicorn status

Last week was a big week for Flywire. The global payments platform made a dual announcement, that it closed a round of funding and sealed the deal on an acquisition. It has acquired a healthcare technology platform Simplee. The acquisition comes just after the company raised $120 million through its Series E funding round, which was led by Goldman Sachs.

Klarna strikes again, buys Italian Moneymour

Klarna has acquired the Italian ‘pay now, buy later’ start-up Moneymour and established a new hub in Milan, from which Moneymour origins.

FinovateEurope: Danske Bank’s Søren R. J. Andreasen vs. chatbots!

Danske Bank’s UK CDO, Søren Rode Jain Andreasen has not really found a chatbot he actually likes.

Tandem Bank CTO steps down as it anticipates fresh £50m funding round

Tandem Bank is close to securing fresh funding near to £50m, as it makes a management change.

Mastercard in China? $27 Trillion market awaits!

Mastercard Inc. won approval to set up a bank card clearing business in China, gaining access to a $27 trillion payments market.

A Starbucks bank? Korean banks are concerned

A growing number of Korean banking groups are being concerned with Starbucks.

Financial marketplace for immigrants? Rewire.

In Tel Aviv, a neobank built specifically for migrants was founded.

New freelancer wallet in Pakistan! All by PaySend and JS Bank co-op

‘Freelance Wallet', a global network of payments that allows freelancers to receive payments from more than 40 countries directly on their cellphones.
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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.

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.

Starling Bank and Funding Options join to support SME’s

Starling Bank and Funding Options decided to join forces and help SME's with their recovery in 2021.