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.
The Swedish fintech unicorn Klarna asked investors for a new round of funding. This one would set the company's value to $10 billion.
The challenger bank Revolut just announced that it has raised $80 million as part of its Series D round that it announced in February. This new funding comes from TSG Consumer Partners.
Robinhood has managed to top up its Series F funding round with an extra $320 million, which brings its value to $8.6 billion.
London-based payments startup Checkout.com has tripled its market valuation to $5.5 billion after banking a $150m Series B funding round and has remained profitable in the eight years since its foundation in 2012.
Nordic challenger Lunar has managed to raise another €40 million in funding and is about to launch a BNPL product.
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.