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Thursday, September 23, 2021
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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).

Monese integrates Thought Machine’s core banking package Vault

Monese and Thought Machine have are now cooperating with the challenger bank's expansion.

Curve Credit hires Henry Kenner as non-executive director

Just like Klarna, Curve credit offers credit on purchases made with your Curve card, which is to be paid back in instalments.
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Revolut secures US trading license and takes on Robinhood

Revolut has secured itself a US broker-dealer license and is now about to compete in the trading app market, according to CNBC.

Exclusive: Interview with Katral-Nada Hassan, YAP

Katral-Nada Hassan, YAP has provided Everly with an exclusive interview about UX challenges in the digital banking world

Curve finally launches its BNPL option

London-based FinTech Curve has entered the BNPL market with its new option called Curve flex which was already announced last year.

N26 is likely set to launch in Turkey

According to the Turkish-language service of “Bloomberg”, N26 is considering a launch in the Turkish market.