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Robinhood raises another $320 M and achieves an $8.6 B valuation
Robinhood has managed to top up its Series F funding round with an extra $320 million, which brings its value to $8.6 billion.
Monese partners with Paysafe to enhance access to cash services
Paysafecash is Paysafe’s eCash solution that can now be used by millions of consumers to top up Monese accounts directly.
Klarna unveils ‘KlarnaSense’ - A new initiative to encourage smarter shopping
Klarna has launched the initiative KlarnaSense to encourage consumers to shop smarter by purchasing the right things, at the right time.
Starling launches 'Business Toolkit' subscription account and US dollar account
Starling's 'Business Toolkit' is out of beta since this week, offering a £7/month subscription account dedicated to SMEs and offering them various features.
Monzo's new open banking feature is called 'easy bank transfer'
Monzo bank has been recently working on a simpler way to move money into the Monzo account from other major UK banks.
Penta raised €4 M from new investors
Berlin-based neobank Penta has raised an additional €4m from new investors and topped up its €18.5m Series B funding round from March this year.
Monzo’s co-founder Tom Blomfield steps down from the board
With this move, Blomfield takes part in the process of clearing the path for the new CEO TS Anil and moving into the role of President.
Revolut launches rainbow card to mark Pride celebrations
Revolut has released a new rainbow-colored card for customers in the UK and Europe as a support for inclusivity as Pride celebrations began across Europe.
Starling Bank is seeking to raise up an additional £35m in funding
Starling Bank is applying for two new BCR worth up to £35m from an EU-backed competition fund that has already awarded it with £100m.
Revolut introduces Silver for its EU customers
Since this Tuesday, Revolut customers are able to trade silver in the majority of the European Economic Area (EEA).
TransferWise is set to launch an investment feature as it lands license from FCA
Thriving fintech startup TransferWise has announced that it has secured an FCA license for regulated investment activities. This way it will be able to offer retail investment services in the UK.
Revolut adds American Express to open banking feature
Challenger bank Revolut announced the addition of American Express to its Open Banking feature. This allows Revolut retail customers in the UK to connect their American Express bank account to Revolut.
N26 extends its partnership with TransferWise
TransferWise for Banks and N26 have extended partnership to offer fast, low-cost and transparent international transfers to their customers.
Curve is back online after the Wirecard scandal
Curve customers are now able to make payments as usual. This comes after a three-day outage starting last Friday since Curve's infrastructural provider Wirecard activities were frozen by the FCA.
Wirecard collapse freezes accounts of Pockit or Curve customers
The Financial Conduct Authority (FCA) has imposed a number of requirements on payment processor Wirecard.
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