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Monday, August 3, 2020
Tags Fintech industry

Tag: fintech industry

Curve is set to raise £100m in the upcoming Series C

Curve has managed to overcome the Wirecard struggle and now is looking to raise fresh capital, according to Sifted.

TransferWise hits $5bn valuation

TransferWise early investors sold some of their stakes in a $319 million secondary deal. With that, the value of the company was estimated at $5bn.

Bunq moves into mortgage market with initial €100m worth of loans

Dutch challenger bunq is now offering mortgages as a part of its new partnership with a third party broker.

Revolut launches in-app price comparison service

Revolut is now working with Decision Tech, a price-comparison technology company.

Curve hires former PayPal exec Scott Weller as first CFO

The former Finance Director from PayPal has been hired by UK-based card and mobile app provider Curve to act as its first chief financial officer (CFO).

Revolut’s Richard Davies moves to Allica Bank as the new CEO

Allica Bank has announced the appointment of Richard Davies as its new chief executive.

Mastercard launches sustainable card programme

​Mastercard has joined forces with other global players to develop a sustainable credit card program in a bid to cut down on single-use plastics.

Klarna has tightened lending during the lockdown

Buy now, pay later service Klarna has seen a boom in business during Britain's lockdown. However it tightened its rules on lending as a result of the financial uncertainty caused by the UK’s lockdown.

The story of the ‘World’s most wanted man’ Wirecard’s Jan Marsalek

Jan Marsalek, who was Wirecard’s chief operating officer, is one of the current world's most wanted men. He is now supposed to be in Russia, in a GRU safehouse west of Moscow, after Bellingcat reported he was present in Minsk two days ago.

Starling Bank extends SME features by adding Penfold to the marketplace

Penfold is a pension provider for self-employed and is the latest addition to Starling Marketplace, where the customer is able to browse third-party providers and services.
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Curve is set to raise £100m in the upcoming Series C

Curve has managed to overcome the Wirecard struggle and now is looking to raise fresh capital, according to Sifted.

The Everly Summary (weekly TOP5 news)

Welcome to Everly.eu’s weekly summary. Let’s see the most important news we have covered during the last week in a TOP 5 list!

TransferWise hits $5bn valuation

TransferWise early investors sold some of their stakes in a $319 million secondary deal. With that, the value of the company was estimated at $5bn.

Monzo bank future in doubt as losses double

Monzo bank’s losses jumped from £47.2m to £113.8m amid a hiring spree, marketing and US expansion.