Monzo confirms an extension of its Series G funding round, raising £50 million from San Francisco-based venture firm, Octahedron Capital among existing investors.
Revolut will allow majority of its employees to get permanent flexible working options.
Biggest money transfer Fintech company TransferWise aims to add 750 jobs over the next six months.
After about a year Lisa Nowell joined Monzo as its first chief risk officer, she decided to leave to work as an SME lender Ashman Finance, Sifted reported.
According to a report released today by IPSE about one million UK-based freelancers have been pushed into debt since the pandemic hit.
Some of the UK’s most important fintech start-up players – Starling Bank, Curve and GoCardless are set to raise more money.
In Boden's new book Banking On It, Starling Bank CEO revealed her version of events that took place back in 2015, which lead to the rise of Tom Blomfield's Monzo bank.
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.
Challenger bank Revolut applied for UK banking license and ex-Standard Chartered chief Richard Holmes is supposed to aid the process.
Jeremy Takle and Ben Harvey have announced the launch of a digital bank called Pennyworth.
Revolut introduced additional fees on its free plan and trading on the Revolut platform will also become more expensive.
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.