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The fall of Wirecard: Wirecard files for insolvency and former CEO Markus Braun gets arrested
Wirecard’s former CEO, Markus Braun has been arrested on suspicion of false accounting and market manipulation and Wirecard is filing for insolvency.
Tally is a challenger to challengers, claims Tally's Head of Product Damon Macklin
Damon Macklin, Tally‘s Head of Product explained to Everly.eu what is his idea Tally is about, how he personally thinks about UX in a very genuine interview.
Zopa secures long-awaited UK banking licence
British P2P lender Zopa has just launched a new digital bank after being granted a full UK banking licence.
Curve partners with Samsung for the launch of “Samsung Pay Card”
Curve, is a fintech company that lets you collect your bank cards into a single card and app. Now it is partnering with Samsung in the U.K. to power its forthcoming debit card, which is scheduled to launch later this year.
Mastercard acquires Finicity for $825 million to advance in open banking
Mastercard has bought the Salt Lake City-based fintech Finicity. With this move, the card issuer aims to strengthen its open banking platform and expand financial services through more real-time access to data.
Checkout.com closes $150m Series B round as it triples its valuation to $5.5bn
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.
Why Are Direct Debits Making Way to Push Payments?
Are you a direct debit fan? You probably have direct debits for utility bills, gym subscriptions and more. You probably find direct debits incredibly convenient. But do you know what push payments are? And did you know that they might be taking over direct debits?
Wirecard says missing €1.9 billion probably does not even exist
Wirecard is a German payments company and its shares have fallen by more than 60% after the firm said its auditors from Ernst & Young had raised questions over cash balances worth €1.9bn last week.
Tinkoff super app now features the goods.ru marketplace
Tinkoff is consistently trying to expand the range of lifestyle services offered in its super app. Now the Russian challenger bank announces a partnership with goods.ru, a marketplace that brings together Russia's leading online stores.
Raisin brings customer services under one roof
One of the stated goals of the Raisin platforms is Europe-wide, cross-border access to financial products. Germany-based Raisin is now making use of the recent acquisition of MHB Bank for bringing customer accounts from 31 countries to its own Raisin bank.
Revolut launches account aggregation feature in Ireland with the help of TrueLayer
Revolut has extended its open banking feature to Ireland. This feature launched in the U.K. during February. The partnership with TrueLayer enables customers to add third-party bank accounts to your Revolut account.
FinTech Deep Dive With Michael Offermann from solarisBank
Michael Offermann, former MD of solarisBank Blockchain Factory and current advisor for solaris Digital Assets GmbH, agreed to share his insights on this noteworthy process and give us a sneak peek on solarisBank's plans.
N26 launches new premium business account with a cashback offer
German challenger bank N26 launched N26 Business Metal this week, a new premium business account with an exclusive 0.5% cashback on purchases. This acc. is focused to help freelancers, the self-employed and entrepreneurs to get the most out of their finances.
Monzo’s valuation drops by 40% to £1.25B as it sealed a £60M funding round
Monzo bank is a key market player in the U.K. with more than 4 million customers, now it has confirmed it has closed £60 million in top-up funding. But the paper value of the challenger bank now dropped from £2.0 billion to £1.25 billion.
How Varengold Bank Helps FinTechs Continue Lending During the Current Situation
With Varengold Bank’s 25th anniversary quickly approaching, it’s safe to say that the company has […]
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