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Thursday, September 23, 2021
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Tag: funding

Nik Storonsky targets billions of $ in sales before IPO

Digital bank Revolut still needs billions of dollars in annual sales before it can go public, according to a Bloomberg report.

Jon Fath becomes new chief operating officer in bunq

Jon Fath has been previously CEO of logistics automation group Transmetrics and has just become the new COO of digital bank Bunq.

Lunar raised €210m and reached unicorn status

The Danish challenger Lunar Bank has raised €210m in Series D funding and managed to reach unicorn status.

N26 aims for valuation of $10 billion

German fintech N26 is currently in talks with investors, with the goal of raising several million dollars in the fundraising process, Bloomberg reported.

Bunq raises €193 million at €1.6 billion valuation

The Amsterdam-based challenger bunq announced that British investor Pollen Street Capital is investing 193 million euros in the bank.

Revolut looks for 30B$ valuation after next funding from SoftBank

Revolut is reportedly in talks with SoftBank about a funding round worth between $750 million to $1 billion with a deal expected to be a few weeks away.

Starling Bank receives £50 million investment from Goldman Sachs

UK challenger Starling Bank gets an extension to previously oversubscribed Series D round by Goldman Sachs Growth Equity investing £50 million.

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).

Starling Bank confirms £272m funding round led by Fidelity Investments

The UK challenger Starling Bank announced a £272 million Series D funding round led by Fidelity Management & Research Company.

Klarna launches bank account in Germany

The buy now, pay later giant Klarna is poaching into banking with launching its first current account.
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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.