Open Banking payments up 832% during lockdown accoring to TrueLayer
Financial API provider TrueLayer has recorded a serious increase of UK consumers using Payment Initiation (PI) during the lockdown.
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.
Monese closes offices in Lisbon and Berlin as it halts expansion
London and Tallinn-based startup Monese is set to make staffing cuts and lower its ambitions for a funding round.
Digital banks downloads drop in lockdown
Some of Europe’s top challengers are dealing with a drop of digital downloads in recent months. This signs that the COVID crisis could mean a huge threat to them.
Recap of FinovateEurope 2023: Key Themes and Takeaways
With a focus on innovation and customer needs, the future looks bright for the industry.
Payoro: The New Contender in the Fintech Scene
Payoro is a new contender in the fintech scene, aiming to provide a user-friendly and affordable banking experience for consumers.
Real-Time Payments: Accelerating Business and Consumer Transactions
As the demand for real-time payments continues to grow, businesses that fail to offer this payment option risk being left behind in an increasingly competitive market.
A Major Acquisition by Neobank N26 is Blown Off
The German neobank N26, which conducts business in Switzerland as well, was looking to buy something that would let its clients trade stocks and index funds.