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Monday, February 6, 2023
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Revolut launched Payroll service in UK

Revolut Business customers will be able to pay their employees in ‘clicks, not hours’ thanks to the new Payroll system introduced by the company.

N26 client acquisition gets limited by BaFin

The German financial services supervisor, BaFin, requires the German Fintech star to limit the acquisition of new clients to 50,000 per month.

Monzo reported £130M annual loss and is under investigation by FCA

The UK challenger Monzo bank has recently reported £130M in pre-tax losses up from £114 million in the same period in 2020.

Revolut appoints Mikko Salovaara as new CFO

Revolut has finally managed to appoint a new CFO Mikko Salovaara after a year since David MacLean stepped down after only six months in the role, Sifted reported.

Revolut appoints Paroma Chatterjee as India CEO

Revolut is about to make multi-million investments into India over the next five years and create 300 new jobs there as Paroma Chatterjee was appointed the new CEO.

Curve raises $95 million as it eyes US expansion

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

Exclusive: Interview with Matias Peltoniemi, CFO at CrediNord

CrediNord's CFO, Matias Peltoniemi, has provided Everly.eu with an exclusive interview in which he addresses the current challenges of the company, the state of the Fintech and lending world, and what he believes is the future of Fintech and lending.

One million self-employed pushed into debt due to pandemic

According to a report released today by IPSE about one million UK-based freelancers have been pushed into debt since the pandemic hit.

Visa’s Plaid takeover faces antitrust scrutiny at the DOJ

The Departement of Justice could sue to block Visa's $5.3 billion acquisition of bank data sharing startup Plaid over competition concerns, the Wall Street Journal reported.

Bunq has been added to the Dutch Fair Finance Guide

Dutch digital bank bunq is the first challenger to be included in the banking guide on honestegeldwijzer.nl (EGW).
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Despite the decline, the fintech industry's performance in 2022 still beats its performance from two years ago, with funding increasing by 52% compared to 2020.

Partnership between Credits and Unlimint

Credits is a digital neobank that combines many financial services into one application, focusing on providing financial services for the cryptocurrency space.

UK Neobank Zopa Raises £75 Million in All-Equity Investment

The company has 850,000 customers across its different businesses and is on track to be profitable for the full year in 2023, the first time since its founding 17 years ago.

UK SMEs Lean on Business Finance and Credit for Growth and Sustainability

As interest rates remain high, borrowing will continue to play a significant role in helping these businesses achieve their goals.