Allica Bank has announced the appointment of Richard Davies as its new chief executive.
Nordic challenger bank Lunar that has offices across Denmark, Sweden, and Norway, has announced the launch of their new premium 'Pro' account that comes with a metal card.
British challenger Monzo bank has relaunched its premium 'Monzo Plus' account with a £5/month fee.
Peter Trebelev, Head of Growth at Rizq: “The market is so saturated, that only niche propositions have the potential to survive.”
Rizq is a UK-based Islamic digital challenger bank and it is preparing for its launch this summer. The challenger bank aims to solve mainstream banking issues for Muslims in the West, which is in line with their values and lifestyle.
Paysafecash is Paysafe’s eCash solution that can now be used by millions of consumers to top up Monese accounts directly.
Monzo bank has been recently working on a simpler way to move money into the Monzo account from other major UK banks.
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.
Starling Bank is applying for two new BCR worth up to £35m from an EU-backed competition fund that has already awarded it with £100m.
Challenger bank Revolut announced the addition of American Express to its Open Banking feature. This allows Revolut retail customers in the UK to connect their American Express bank account to Revolut.
Curve has managed to overcome the Wirecard struggle and now is looking to raise fresh capital, according to Sifted.