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DriveWealth, Revolut’s trading provider, received $450M investment
API-based infrastructure service DriveWealth received a $450 million investment and reached a valuation of $2.85 billion.
Bafin takes on N26
The digital bank N26 was not able to get its problems with money laundering and fraud under control.
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.
Starling's business banking tops ratings for quality
Digital bank Starling seized the top position in the CMA ratings business category.
Jon Fath becomes new chief operating officer in bunq
Jon Fath has been previously CEO of logistics automation group Transmetrics and has just become the new COO of digital bank Bunq.
N26 accounts are very often investigated in money laundering proceedings
The Berlin-based digital bank N26 is one of the most important challenger banks in the EU but has constant problems fighting money laundering.
Revolut introduces new fees
Challenger bank Revolut boosted trading fees for the second time in the past six months.
Revolut sees surge in flights spending
Challenger bank Revolut reported an increase in the airport and similar travel-related spending.
Starling Bank wins the race in current account switching
The UK digital bank Starling was among seven banks that made net gains in Q2/2021.
Monzo reported £130M annual loss and is under investigation by FCA
The UK challenger Monzo bank has recently reported £130M in pre-tax losses up from £114 million in the same period in 2020.
Starling Bank’s first acquisition is Fleet Mortgages
UK challenger Starling bank acquires Fleet mortgages as its first corporate acquisition.
Starling Bank revenue skyrockets by 600%
The digital bank Starling has managed to grow revenues to £97.6 million from £14 million in the previous period.
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.
Kid accounts and challenger bank options for children
Revolut junior vs. Starling Bank Kite? Once again Everly - challenger bank news joined forces with the Scientia team and their Fintech Insights, the digital banking research platform, to compare several challenger banks' junior accounts from parent's and kid's perspectives! Check the full article here
Lunar raised €210m and reached unicorn status
The Danish challenger Lunar Bank has raised €210m in Series D funding and managed to reach unicorn status.
- Oxford Risk: Placing the Human at the Center of Wealth and Asset Management Transformation Read more
- CLS Appoints Six New Board Directors Read more
- Mobey Forum Calls for a Collaborative Approach to Fraud Prevention in Rethinking Fraud in a Connected World Read more
- SumUp Launches in Canada Read more
- European Fintech Association Elects New Board of Directors Read more
