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Monday, November 30, 2020
Tags Business banking

Tag: business banking

Starling Bank moves into profit according to Anne Boden

Unlike its competitors, Starling Bank has achieved break-even this October and expects to be monthly profitable from here onwards on an operating profit basis.

Revolut Business now accepts payments online

Revolut Business has announced this week that UK businesses can accept card payments online and directly into their account.

Tinkoff reports strong results in 3Q’20 and announces 2020 interim dividend

TCS Group Holding PLC reports the net income rose by 30% year-on-year to RUB 12.6 bn in 3Q’20.

Penta teams up with Raisin to launch new range of corporate term and overnight deposits

Digital business banking group Penta announced it has joined forces with Raisin to introduce overnight and term deposits from WeltSparen.

Starling Bank integrated PayStream for business customers

PayStream is online accounting software that is designed with contractors in mind and is now integrated into the Starling business account.

Revolut Business launched premium metal card

Customers on Revolut's Grow, Scale and Enterprise plans will now be able to order metal cards for business use.

Penta, the Berlin-based digital business bank

Penta provides banking for small and medium-sized enterprises (SMEs) and is headquartered in Berlin, with offices in Milan and Belgrade.

Allica Bank is launching a £100m funding round

Allica Bank has already closed a £26 million investment and now is launching a new £100 million funding round to meet the current high levels of demand for its services.

Monzo reached 50,000 business accounts since launch in March

Monzo spent 12 months building a business account for SMEs that has been launched March this year and managed to attract 50,000 customers according to AltFi.
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Santander launches money transfer app PagoFX in Belgium

PagoFX by Santander is a low-cost service for international transfers and is now available in Belgium.

Challenger bank Lunar selects FIS to optimise liquidity and manage risk

Danish digital bank Lunar has selected a cloud-based treasury and risk management solution from FIS.

N26 launches new premium account called N26 Smart

The German digital bank N26 is aligning its product range to the new consumer habits during the pandemic and the decline of vacation and business trips.