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Friday, July 1, 2022
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Tag: funding

Monzo valuation hits $4.5 billion

British digital bank Monzo has hit $4.5bn valuation after a $500m funding round.

N26 has raised $900 million and is worth $9 billion

This way N26 became the second highest-valued bank in Germany, slightly ahead of Commerzbank.

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).
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Revolut has joined the buy now pay later market

Revolut is piloting a new 'buy now, pay later' service in Ireland beginning this week.

Klarna in conflict with Barclays over ‘Irresponsible’ Buy-Now-Pay-Later research

Klarna’s UK executive Alex Marsh has hit out at Barclays for publishing what he called “mind-boggling” and “irresponsible”.

Starling Bank has hit 3m account milestone

Starling Bank has passed the three million current account milestone, which “includes more than 460,000 small business accounts,” according to a recent update.

Revolut teamed up with Salesforce to help grow Revolut Business

Revolut announced a new partnership with Salesforce with an aim to accelerate growth and transform the business banking arm of the digital bank.