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Friday, July 1, 2022
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Tag: UK

Curve reported serious operating losses

Fintech Curve has reported an operating loss of £37.9 million in its annual results for 2020.

Revolut launched Payday – early wage access platform

Digital bank Revolut launches a new feature called Payday to let some customers access 50% of their salary a day earlier.

Revolut launched a travel booking feature

After Softbank lead an $800 million investment into Revolut, the UK-based challenger bank came up with another feature - travel booking.

Wise valued at £8.75bn as the company completes largest direct listing

Fintech company Wise broke a record last week when it debuted on the London Stock Exchange (LSE) by reaching a valuation of £8.75 billion.

Starling Bank and Funding Options join to support SME’s

Starling Bank and Funding Options decided to join forces and help SME's with their recovery in 2021.

Revolut partners with Anthony Joshua and launches glowing card

Revolut announced a partnership with boxing heavyweight champion Anthony Joshua to promote a new card design.

Monzo managed to raise another £50M, joined by new Silicon Valley investor

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 staff now have permanent flexible working options

Revolut will allow majority of its employees to get permanent flexible working options.

TransferWise will hire 750 new staff members in the next 6 months

Biggest money transfer Fintech company TransferWise aims to add 750 jobs over the next six months.

Lisa Nowell left Monzo Bank after year in CRO position

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.
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Revolut has joined the buy now pay later market

Revolut is piloting a new 'buy now, pay later' service in Ireland beginning this week.

Klarna in conflict with Barclays over ‘Irresponsible’ Buy-Now-Pay-Later research

Klarna’s UK executive Alex Marsh has hit out at Barclays for publishing what he called “mind-boggling” and “irresponsible”.

Starling Bank has hit 3m account milestone

Starling Bank has passed the three million current account milestone, which “includes more than 460,000 small business accounts,” according to a recent update.

Revolut teamed up with Salesforce to help grow Revolut Business

Revolut announced a new partnership with Salesforce with an aim to accelerate growth and transform the business banking arm of the digital bank.