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Tuesday, January 26, 2021
Tags Challenger banks

Tag: challenger banks

Challenger bank Revolut applied for UK banking license

Revolut has submitted an application for a banking license to the U.K. Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA).

N26 is authorized to operate in Brazil

N26, a German digital bank, received authorization from the Central Bank to operate in Brazil.

Starling adds Nutmeg to its Marketplace

British challenger Starling Bank welcomed Nutmeg, the UK’s largest digital wealth manager, to its fast-growing Marketplace.

Starling Bank is about to raise £200m in funding round

Some of the UK’s most important fintech start-up players – Starling Bank, Curve and GoCardless are set to raise more money.

Anne Boden addresses the crisis in Starling which created Monzo

In Boden's new book Banking On It, Starling Bank CEO revealed her version of events that took place back in 2015, which lead to the rise of Tom Blomfield's Monzo bank.

Kevin Albrecht, CEO, and co-founder at Swedish Fintech P.F.C. interviewed by Everly.eu

Kevin Albrecht, CEO, and co-founder at Swedish Fintech P.F.C. interviewed by Everly.eu

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.

Starling Bank partners with Trillion Trees to support sustainability

Every time customer recommends Starling to someone and that person becomes a new Starling customer through the referral journey, Starling’ll plant a tree as a thank you.

Starling launches Kite card for kids

British challenger Starling Bank is set to launch the Kite debit card, which is dedicated to being used by children up to the age of 16.

Starling bank ‘on track to break even’ despite the losses doubled to £52m in 2019

Starling bank recently announced that it generated £6.7 million for the month of July 2020, meaning that it could make annual revenue of £80m.
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Chubb and Revolut announce partnership deal

Provider of insurance services Chubb has partnered with unicorn challenger Revolut to offer a broader range of their services to Revolut’s customers.

Monzo Bank founder Tom Blomfield is leaving the company

Tom Blomfield who co-founded Monzo Bank 2015, is leaving the digital bank, citing "challenges" from the pandemic, TechCrunch reported.

UK Government voted down BNPL regulation bill

70 MPs have decided to vote down a bill which was supposed to regulate buy now, pay later companies like Klarna, Laybuy and Clearpay.

Curve raises $95 million as it eyes US expansion

London-based Fintech Curve secured $ 95 million in its latest investment Series C funding.