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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.
Dutch challenger bunq plants 1,000,000 trees on Madagascar
Amsterdam-based digital bank bunq offers an option to plant a tree for every 100€ spent with their SuperGreen premium account. Now they planted 1,000,000 trees.
The Everly Summary (weekly TOP5 news)
Welcome to Everly.eu’s weekly summary. Let’s see the most important news we have covered during the week in a TOP 5 list!
Chime reaches valuation of $14.5bn
Chime raised $485 million in a Series F funding round that values the American digital banking decacorn at $14.5 billion.
Monzo reached 50,000 business accounts since launch in March
Monzo spent 12 months building a business account for SMEs that has been launched March this year and managed to attract 50,000 customers according to AltFi.
Finch was founded by a former N26 employee, now it secures $1.8M seed round
Finch is a US-based fintech startup that aims to integrate the benefits of investing with the flexibility of checking into an all-in-one account.
Klarna becomes Europe's most valuable fintech hitting over $10 billion valuation
Swedish BNPL provider Klarna has raised $650 million in funding led by Silver Lake with the valuation of the company hitting $10.65 billion.
Credit Suisse about to launch its own digital service to "challenge the challengers"
The well-known Swiss bank Credit Suisse is launching a new digital banking service. This new offering aims to compete with challenger banks like Revolut.
The Everly Summary (weekly TOP5 news)
Santander is about to launch its own transfer platform PagoFX, China's Ant financial took minor stake at Klarna, Monese turning its employees to millionaires. Public app raises money from celebrities and coronavirus is pushing digital banking development in terms of contact-free banking. Enjoy our exlusive summary with more info about these issues and links to the full articles!
Santander doubles funds to $400M with the launch of Mouro Capital
Banco Santander's FinTech venture capital Innoventures fund is moved under a new entity called Mouro Capital.
Revolut and Sage announce a new partnership
Sage Accounting has been integrated with Revolut to enable SME's to take advantage of the fintech’s innovative spend analytics platform.
Klarna is looking to raise $500 million and double valuation to $10bn
The Swedish fintech unicorn Klarna asked investors for a new round of funding. This one would set the company's value to $10 billion.
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.
Revolut now offers crypto trading in Australia
First Revolut launched in Australia last month, now it is also offering the crypto trading services.
Brazilian challenger Nubank secures $300 million funding
Brazil's fintech startup Nubank has raised $300 million in equity investments, according to a filing with the U.S. Securities and Exchange Commission.
- 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
