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Monday, July 4, 2022
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Tag: valuation

Monzo valuation hits $4.5 billion

British digital bank Monzo has hit $4.5bn valuation after a $500m funding round.

Revolut raises $800m at $33 billion valuation

It is official, Softbank leads $800 million investment into Revolut, a UK-based challenger bank.

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.

Bunq raises €193 million at €1.6 billion valuation

The Amsterdam-based challenger bunq announced that British investor Pollen Street Capital is investing 193 million euros in the bank.

Revolut looks for 30B$ valuation after next funding from SoftBank

Revolut is reportedly in talks with SoftBank about a funding round worth between $750 million to $1 billion with a deal expected to be a few weeks away.

Revolut revenue grows but operating losses double to £201m

Revolut announced that 2020 adjusted revenues, that grew 57% to £261 million. However, operating losses in 2020 have doubled.

Bunq valued at 1.65 billion € after first investment

Dutch digital bank Bunq managed to close the very first funding round with an undisclosed British private equity firm.

Wise expects valuation of £9bn with new London listing

Wise, former TransferWise, is about to go public on the London Stock Exchange through a direct listing.

Klarna secures $639million in funding

The Swedish fintech valuation grew to $46 billion after it secured another investment worth $639million.

Revolut’s new funding could mean a 10B $ valuation for the company

Revolut is about to step into new fundraising and the new valuation of the company is expected to be at more than $10bn (£7.2bn).
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Starling Bank launched Fantasy Football game for the UEFA Women’s EURO of women’s football

Starling Bank is the national banking partner of Uefa Women’s Euro 2022 and now it is leveraging its financial heft to boost engagement by launching the first Fantasy Football game not designed for a men’s tournament.

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.