Tags Lockdown
Tag: lockdown
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.
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Revolut plans to increase its crypto headcount by 20%
Fintech company Revolut continues to expand its cryptocurrency services operations after recently getting approval to operate in Singapore.
Nubank hits 1 million crypto users in less than a month
Brazilian challenger bank Nubank has announced hitting one million cryptocurrency users in the country barely a month after launching the service.
Revolut has been hit by high-profile resignations
Revolut has been hit by multiple resignations from its UK risk and compliance chiefs.
Starling Bank reports first full year profit
Starling reported a pre-tax profit of £32.1 million for the financial year ending 31 March 2022.
