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Saturday, October 31, 2020
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Tag: UK

Monzo launches new Premium account and offers its first metal card

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.

Revolut nominates Richard Holmes to oversee its UK bank license application

Challenger bank Revolut applied for UK banking license and ex-Standard Chartered chief Richard Holmes is supposed to aid the process.

Former executives from Barclays are launching digital bank

Jeremy Takle and Ben Harvey have announced the launch of a digital bank called Pennyworth.

Monument, digital bank for the rich, gets UK banking license

A new digital-only bank Monument has received an "authorization with restriction" now aims for the UK’s richest and is set to launch within months.

Starling introduces Online Banking for personal customers

Starling Bank said the desktop option of online banking is in response to customer demand. Current account customers are now able to manage their money via desktop or laptop.

Starling Bank partners with Trillion Trees to support sustainability

Every time customer recommends Starling to someone and that person becomes a new Starling customer through the referral journey, Starling’ll plant a tree as a thank you.

TransferWise reports 70% revenue growth and a 4th straight year of profitability

Annual revenue at TransferWise grew to £302.6 million, the company. These results show a net profit after tax of £21.3 million for fiscal year ending March 2020.

Allica Bank is launching a £100m funding round

Allica Bank has already closed a £26 million investment and now is launching a new £100 million funding round to meet the current high levels of demand for its services.

Starling launches Kite card for kids

British challenger Starling Bank is set to launch the Kite debit card, which is dedicated to being used by children up to the age of 16.

Curve all-in-one system now includes loyalty cards

Curve is a fintech company famous for its handy all-cards-in-one service. Now they extended this to loyalty cards.
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Visa’s Plaid takeover faces antitrust scrutiny at the DOJ

The Departement of Justice could sue to block Visa's $5.3 billion acquisition of bank data sharing startup Plaid over competition concerns, the Wall Street Journal reported.

Thomas Dodson joins N26 as Head of Engineering in the US

In his role, Thomas Dodson will bring technical and strategic leadership to help N26 accelerate its growth in the US market.

Kevin Albrecht, CEO, and co-founder at Swedish Fintech P.F.C. interviewed by Everly.eu

Kevin Albrecht, CEO, and co-founder at Swedish Fintech P.F.C. interviewed by Everly.eu

Bunq has been added to the Dutch Fair Finance Guide

Dutch digital bank bunq is the first challenger to be included in the banking guide on honestegeldwijzer.nl (EGW).