Tags Brexit
Tag: brexit
Revolut is moving Irish accounts to Lithuania due to Brexit
Revolut decided to move its Irish user's accounts to Revolut's business in Lithuania as its e-money license will no longer be valid post Brexit.
Revolut seeking UK banking license because of Brexit
Revolut is preparing to submit a banking license application to the Bank of England and hopes to secure it before the end of the year.
N26 shuts down in the UK! Brexit is to blame
Berlin-based digital bank N26, which is a rival to Revolut and Monzo, is closing accounts for UK on 15 April. “We will be unable to operate in the UK with our EU banking license so we will be leaving the UK and closing all accounts” is the official N26's statement.
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Fintech Funding Decline: The State of Fintech in 2022
Despite the decline, the fintech industry's performance in 2022 still beats its performance from two years ago, with funding increasing by 52% compared to 2020.
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.
