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Thursday, March 23, 2023
Tags Growth

Tag: growth

N26 exceeds 2 million customers in France

N26 announced that it has convinced 2 million French customers to use its services after 4,5 years since entering the market.

TransferWise will hire 750 new staff members in the next 6 months

Biggest money transfer Fintech company TransferWise aims to add 750 jobs over the next six months.

Revolut’s business banking thrives as it hits 500k SME customers

Revolut Business launched 3 years ago and has been very successful so far. Today the company announced that it's business banking option has hit a new milestone of 500,000 customers.

Swedish unicorn Klarna reports increase in net losses

The buy now, pay later market leader released its report for the first half of 2020. Although Klarna experienced growth in some sectors, the net loss is $59.8 million.

Bunq claims to be thriving despite the COVID-19

Dutch challenger bunq has seen growth in deposits and is hiring new staff as other neobanks are cutting jobs.

FIS ventures will invest $150m in fintech startups

FIS Ventures is a venture capital arm of financial technology firm FIS and it has set a target to invest $150 million in promising fintech startups.
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Is the Fintech Bubble About to Burst? Lessons from Credit Suisse’s Collapse

Last week, UBS acquired Credit Suisse in a $3.25 billion rescue deal. This event has raised concerns about the viability of business models of highly valued fintech startups.

Zeta and Featurespace Join Forces to Offer Innovative Credit Card Processing and Fraud Detection Solution

Modern core banking technology provider Zeta and fraud prevention company Featurespace announced a new partnership on March 22, 2023.

Fintech Companies Put a Hiring Freeze Due to Economic Climate

A major new report by Erlang Solutions has revealed that half of all fintech firms have put a stop to hiring staff in 2023 due to the challenging economic climate.

Recap of FinovateEurope 2023: Key Themes and Takeaways

With a focus on innovation and customer needs, the future looks bright for the industry.