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Tuesday, January 26, 2021
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N26 is authorized to operate in Brazil

N26, a German digital bank, received authorization from the Central Bank to operate in Brazil.

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.
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Chubb and Revolut announce partnership deal

Provider of insurance services Chubb has partnered with unicorn challenger Revolut to offer a broader range of their services to Revolut’s customers.

Monzo Bank founder Tom Blomfield is leaving the company

Tom Blomfield who co-founded Monzo Bank 2015, is leaving the digital bank, citing "challenges" from the pandemic, TechCrunch reported.

UK Government voted down BNPL regulation bill

70 MPs have decided to vote down a bill which was supposed to regulate buy now, pay later companies like Klarna, Laybuy and Clearpay.

Curve raises $95 million as it eyes US expansion

London-based Fintech Curve secured $ 95 million in its latest investment Series C funding.