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Thursday, October 6, 2022
Tags Digital bank

Tag: digital bank

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)

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.

N26 set to launch cryptocurrency options in 2022

The company's co-founder admits that rushing for a global expansion has caused N26 to drop behind in crypto and equities trading.

Deepak Khanna becomes Revolut’s new head of wealth and trading

British digital bank Revolut has announced that it has hired banking veteran Deepak Khanna as its Head of Wealth and Trading.

Bunq becomes the first European digital bank to offer mortgages

Dutch digital bank Bunq is taking a new step and will offer mortgages from early 2022.

Starling Bank launched new feature called ‘Bills Manager’

Digital bank Starling has released a new feature that enables customers to make specific recurring bill payments.

Bunq launches “local currencies” for its users

As international travel restrictions are being lifted, bunq announces the launch of the Local Currency feature.

Monzo abandons application for US banking license

British challenger bank Monzo decided to withdraw from the application for a U.S. banking license.
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Monzo gives its lowest-paid employees £1,000 cost of living payment

Digital bank Monzo is giving staff who earn less than £40,000 per year a one-off payment of £1,000 to help them cope with the cost of living.

N26 incorporates Bizum for its customers in Spain

The N26, a German digital bank, now also integrates Bizum among its payment methods, as for example, Orange Bank did in January 2021.

Klarna is set to make second round of job cuts

Swedish BNPL company Klarna Bank AB announced it will slash jobs once again after losing $39 billion of its valuation.

Revolut has become the most searched online bank in Europe

Revolut has become the winner in a study by CMC Markets that has analysed the most heavily searched European online banks and fintechs.