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Friday, May 7, 2021
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TransferWise is preparing to hire bankers for 2021 IPO

The Fintech unicorn TransferWise has decided to ask investment banks to pitch in the new year for roles on an impending initial public offering (IPO), Sky News reported.

Santander launches money transfer app PagoFX in Belgium

PagoFX by Santander is a low-cost service for international transfers and is now available in Belgium.

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.

Wirex raises £3.7m through crowdfunding

Wirex is operating in 130 countries with 3.1m registered users and is a crypto-currency payments platform that launched the world’s first Visa crypto-enabled payments card.

Monese partners with Paysafe to enhance access to cash services

Paysafecash is Paysafe’s eCash solution that can now be used by millions of consumers to top up Monese accounts directly.

Monzo’s new open banking feature is called ‘easy bank transfer’

Monzo bank has been recently working on a simpler way to move money into the Monzo account from other major UK banks.

Mastercard acquires Finicity for $825 million to advance in open banking

Mastercard has bought the Salt Lake City-based fintech Finicity. With this move, the card issuer aims to strengthen its open banking platform and expand financial services through more real-time access to data.

Why Are Direct Debits Making Way to Push Payments?

Are you a direct debit fan? You probably have direct debits for utility bills, gym subscriptions and more. You probably find direct debits incredibly convenient. But do you know what push payments are? And did you know that they might be taking over direct debits?

Tinkoff super app now features the goods.ru marketplace

Tinkoff is consistently trying to expand the range of lifestyle services offered in its super app. Now the Russian challenger bank announces a partnership with goods.ru, a marketplace that brings together Russia's leading online stores.

TransferWise hits £2 billion in customer deposits

TransferWise is a UK-founded digital money transfer fintech. Now it has hit £2 billion in deposits for its multi-currency accounts.
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Bunq exceeds €1 billion in user deposits

Dutch neobank bunq hits the billion mark in deposits and is offering German account numbers for the first time.

Leaked Revolut blog post announces Bitcoin withdrawal option

Revolut mistakenly announced that premium customers will be able to transfer Bitcoin (BTC) from the platform to external wallets.

Starling becomes second most switched-to bank in UK

Starling Bank has the most switched-to digital-only bank and the second most switched-to bank in the final quarter of 2020.

Lunar acquires Swedish Lendify

Danish Lunar Group acquires the Swedish loan and savings platform Lendify to strengthen the private loan business.