Jeremy Takle and Ben Harvey have announced the launch of a digital bank called Pennyworth.
Starling Bank said the desktop option of online banking is in response to customer demand. Current account customers are now able to manage their money via desktop or laptop.
Allica Bank has announced the appointment of Richard Davies as its new chief executive.
The challenger bank Revolut just announced that it has raised $80 million as part of its Series D round that it announced in February. This new funding comes from TSG Consumer Partners.
With this move, Blomfield takes part in the process of clearing the path for the new CEO TS Anil and moving into the role of President.
Wirecard’s former CEO, Markus Braun has been arrested on suspicion of false accounting and market manipulation and Wirecard is filing for insolvency.
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Nordic challenger Lunar has managed to raise another €40 million in funding and is about to launch a BNPL product.
Thought Machine is a cloud-native core banking technology company and it has been selected by Curve to power it's new 'buy now, pay later' feature, the Curve Credit.