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Sunday, January 16, 2022
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Tag: neobank

N26 is withdrawing from the USA to focus on Europe

Berlin-based digital bank N26 is giving up the US business so it is able to focus on the European market.

Starling Bank continues to attract switchers away from high street banks

The current account switches up 56% compared to this time last year as Starling Bank continues to bolster its customer base.

N26 fined 4.25 million euros for money laundering

The German challenger N26 was ordered to pay a fine of 4.25 million euros by the German financial regulator BaFin.

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

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.

Exclusive: An interview with Michael Schweikart, a co-founder of the sustainable banking provider Tomorrow

Tomorrow is a social business FinTech company and a neobank, that was started in 2018 by founders Inas Nureldin, Jakob Berndt, and Michael Schweikart with a vision to use money as a lever for positive change. Since its launch in 2018, the company has 50+ employees and 55,000+ customers.

N26 launches new premium account called N26 Smart

The German digital bank N26 is aligning its product range to the new consumer habits during the pandemic and the decline of vacation and business trips.

Revolut junior introduces new “Co-Parent” Feature

The Co-Parent allows all the premium customers using Revolut Junior are now able to invite another parent or guardian to manage the child’s account cooperatively.

Starling Bank moves into profit according to Anne Boden

Unlike its competitors, Starling Bank has achieved break-even this October and expects to be monthly profitable from here onwards on an operating profit basis.

Italian challenger bank AideXa raises €45 Million

Aidexa is an Italy-based banking challenger and it has secured €45 million in funding through a seed round.
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Revolut is launching as a bank in 10 more European countries

This means the London-based digital bank is now offering deposit protection of up to € 100,000 to local customers in the particular markets.

Starling has stopped advertising on Facebook and Instagram

The CEO Anne Boden says the company won’t advertise on Facebook or Instagram ‘alongside scammers who are going after the savings of our customers.

Commodities trading now enabled by Revolut for Singapore users

The Monetary Authority of Singapore (MAS) has given permission to Revolut to allow customers to trade gold and silver on its platform.

Tencent takes stake in Monzo Bank

The tech giant from China Tencent has taken a minor stake in Monzo Bank after joining Monzo's latest funding round.