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Wednesday, April 21, 2021
Tags Digital bank

Tag: digital bank

Revolut’s new funding could mean a 10B $ valuation for the company

Revolut is about to step into new fundraising and the new valuation of the company is expected to be at more than $10bn (£7.2bn).

N26 enters the insurance market

N26 is partnering with Simplesurance and launched an "attack on the European insurance industry" and launches first on-demand offer.

Dutch challenger bunq now offers instant payments across Europe

Bunq is the first challenger bank that joined the TARGET payment network, a system developed by the European Central Bank.

N26 and Raisin partner on EasyFlex savings accounts

Cross-border savings and investments marketplace Raisin and the german digital bank N26 combine their strenghts to deliver top interest rates.

TransferWise gets rebranded as ‘Wise’

The rebranded company Wise drops the part Transfer as a signal of moving on from the money-transfer focus of the company.

Revolut about to increase fees and cut number of free trades

Revolut introduced additional fees on its free plan and trading on the Revolut platform will also become more expensive.

N26 introduces 100% digital account

The German digital bank has just announced the launch of a 100% digital N26 Standard account equipped with a virtual card.

Carol Nelson hired as US CEO by Monzo Bank

Carol has previously worked as Monzo’s strategic adviser, and from now on she will lead the American expansion for the digital bank, also being the first female chief executive officer.

Revolut aims to introduce remittance service in India

Revolut announced plans to introduce a remittance option to move money effortlessly from and to India, TOI reported.

Starling Bank to be valued at $1.5bn as it is set to raise £200m

US investor Fidelity manages trillions of dollars in assets and is negotiating a £200m fundraising for Starling, Sky News reported.
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Revolut’s new funding could mean a 10B $ valuation for the company

Revolut is about to step into new fundraising and the new valuation of the company is expected to be at more than $10bn (£7.2bn).

N26 enters the insurance market

N26 is partnering with Simplesurance and launched an "attack on the European insurance industry" and launches first on-demand offer.

How are transfer apps building trust with their users?

For a few years now, consumer attitude towards finance and banking has been changing. A rapid rise in digital consumption has resulted in more technology and innovation than ever before, with total fintech investment in Europe skyrocketing to $58.1bn in 2019.*

Monzo partnered with RAC to enhance its premium options

Monzo has reached a combined total of 135,000 customers for its two premium bank account options since their launch in 2020 and now it extends their benefits.