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Wednesday, December 8, 2021
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Tag: business

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.

Revolut’s business banking thrives as it hits 500k SME customers

Revolut Business launched 3 years ago and has been very successful so far. Today the company announced that it's business banking option has hit a new milestone of 500,000 customers.

Revolut launches Open Banking in Italy in partnership with TrueLayer

Revolut has just announced the launch of Open Banking for its over 400.000 retail and business customers in Italy.

Revolut’s Richard Davies moves to Allica Bank as the new CEO

Allica Bank has announced the appointment of Richard Davies as its new chief executive.

Checkout.com closes $150m Series B round as it triples its valuation to $5.5bn

London-based payments startup Checkout.com has tripled its market valuation to $5.5 billion after banking a $150m Series B funding round and has remained profitable in the eight years since its foundation in 2012.

N26 launches new premium business account with a cashback offer

German challenger bank N26 launched N26 Business Metal this week, a new premium business account with an exclusive 0.5% cashback on purchases. This acc. is focused to help freelancers, the self-employed and entrepreneurs to get the most out of their finances.

Starling Bank introduces in-app Slack integration and other new features

UK challenger Starling Bank has integrated three new in-app products to its business banking platform.

Revolut Business now works with Clear Books

London based Revolut announced yet another product integration to the Revolut Business Connect ecosystem – Clear Books.

Bunq is considering a US expansion and could have its first funding round ever

Bunq has become one of Europe’s leading challenger banks without raising a single cent.

Penta raises €18.5 million in last financing round

Penta is a digital platform for business banking and it raised €18.5 million in the first closing of a new funding round backed by new and current investors.
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Nik Storonsky wants UK banking license by the start of 2022

Digital bank Revolut is a licensed bank in many countries but still not in the UK where the company is based.

Starling’s Anne Boden says banks must embrace hybrid working

Anne Boden, CEO of Starling Bank, worked in the office from dawn to dusk for most of her life.

Revolut is outpacing rivals in terms of app downloads in 2021

British digital bank Revolut has recorded a 37% increase in downloads of its Android app, new data shows.

The Great British Bounceback: research from Enterprise Nation and Starling Bank

Two-thirds of SME's are confident of increased turnover in 2022, Enterprise Nation and Starling Bank report in new research.