Revolut gives out £250,000 over the next month, every customer is able to earn points and to win a part of the prize fund.
Monzo has reached a combined total of 135,000 customers for its two premium bank account options since their launch in 2020 and now it extends their benefits.
Revolut announced the launch of an affordable premium option called Revolut Plus for £2.99 per month.
Danish challenger bank Lunar is introducing joint accounts which will let the users share their account with up to ten people, Altfi reported.
Monzo bank has just launched its second premium account in the last three months as part of an effort to increase revenues and cover deep losses.
Amsterdam-based digital bank bunq offers an option to plant a tree for every 100€ spent with their SuperGreen premium account. Now they planted 1,000,000 trees.
Monzo spent 12 months building a business account for SMEs that has been launched March this year and managed to attract 50,000 customers according to AltFi.
The Danish banking app Lunar is now focusing on business banking and has provided 2,000 users with an early access to its business accounts.
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Revolut has secured itself a US broker-dealer license and is now about to compete in the trading app market, according to CNBC.