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Saturday, October 24, 2020
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Tag: neobank

Monument, digital bank for the rich, gets UK banking license

A new digital-only bank Monument has received an "authorization with restriction" now aims for the UK’s richest and is set to launch within months.

Brazilian challenger Nubank secures $300 million funding

Brazil's fintech startup Nubank has raised $300 million in equity investments, according to a filing with the U.S. Securities and Exchange Commission.

Monzo introducing new fees for services

For some customers, Monzo bank cash withdrawals and card replacement will be met with new charges from 31 October 2020 as Monzo introduced new rules.

Revolut Junior account successful in Ireland

Just four months after the product was launched in Ireland, about 40,000 young people now have a Revolut Junior account.

Monzo Plus has attracted about 50.000 users since its launch last month

The British challenger Monzo bank has relaunched its premium ‘Monzo Plus’ account with a £5/month fee. And their customers embraced it.

„Although we have about 4 million users, we spent almost nothing on marketing, “ says Ahmed F. Karslı from Papara

Ahmed F. Karslı is the founder and CEO of Papara. He got his Bachelor of Law and is currently pursuing his LLM at Istanbul University. Ahmed is a serial entrepreneur, that build his first company at the age of 17.

Tinkoff launches charity cashback scheme

Russian neobank Tinkoff announced the launch of its new charitable scheme called 'Cashback to Give Back'.

Monzo is finally launching its premium ‘Plus’ subscription account

British challenger Monzo bank has relaunched its premium 'Monzo Plus' account with a £5/month fee.

Penta raised €4 M from new investors

Berlin-based neobank Penta has raised an additional €4m from new investors and topped up its €18.5m Series B funding round from March this year.

Monzo’s co-founder Tom Blomfield steps down from the board

With this move, Blomfield takes part in the process of clearing the path for the new CEO TS Anil and moving into the role of President.
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Lunar, the Nordic challenger bank, raises €40m in Series C

Nordic challenger Lunar has managed to raise another €40 million in funding and is about to launch a BNPL product.

Gohenry launches new account designed for teens

Money app gohenry, has released pocket money account for customers aged 13 to 18 years.

Curve Credit will be powered by Thought Machine’s Vault

Thought Machine is a cloud-native core banking technology company and it has been selected by Curve to power it's new 'buy now, pay later' feature, the Curve Credit.