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Thursday, May 26, 2022
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Tag: challengerbank

Danish Lunar Bank plans $146M acquisition of Instabank

Lunar and Norwegian Instabank have entered into a transaction agreement on acquisitions and Instabank's Board of Directors has unanimously decided to recommend the offer of 3.75 per share.

Swiss challenger bank Alpian gets banking licence as it raises $20m

Swiss digital-first challenger Alpian has just received its banking licence from the Swiss Financial Market Supervisory Authority (FINMA)

Female Revolut workers are still paid 25 % less than men

“This year’s UK gender pay gap report demonstrates that we must do more to ensure women are provided with fair and equitable opportunities here at Revolut,” Nik Storonsky, chief executive and co-founder of Revolut

Italy’s financial regulator imposes a ban against N26

After the growth restrictions imposed by the German financial regulator Bafin, the Berlin-based digital bank N26 is now also struggling with problems in Italy.

Starling Bank CEO Ann Boden:“very, very unlikely” big banks will all have branches on the high street in the future

Starling Bank chief executive Ann Boden has expressed her opinion on the future of bank branches.

Revolut has offered relocation support to all its Ukraine-based employees

Fintech companies like Revolut, Zopa and bunq decided to offer relocation initiatives for workers in Ukraine.

Starling Bank considers opening office in Leeds or Manchester

British Starling Bank is considering opening an office in Leeds or Manchester as it continues to increase its market share.

Nik Storonsky, CEO Revolut, has publicly condemned the Russian invasion of Ukraine

Storonsky also claims his company would match up to £1.5 million (US$2 million) in donations to the Red Cross Ukraine appeal.

Starling Bank investing in eight projects that remove CO2

In a recent blog post, British challenger bank Starling announced an advancement in green projects they picked to support to fight climate change.

Bunq is responding to demand with the launch of an investment function

Dutch challenger bunq is one of Europe's first neobanks to offer its users a simple and sustainable way to invest their money.
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Revolut CEO Nik Storonsky launches his AI-based venture capital fund

Billionaire Nik Storonsky, the co-founder of Revolut, one of Europe's largest and richest startups, plans to launch his own AI-based venture capital fund to compete with legacy venture capitalists.

This is how Klarna will merge e-commerce with physical shopping

Klarna launches "virtual shopping" where online shoppers get access to experts in physical stores.

Revolut reached 1.7 million Irish customers

Of the 5 million population, 1.7million people from Ireland use Revolut to some extent.