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Bunq is considering a US expansion and could have its first funding round ever
Bunq has become one of Europe’s leading challenger banks without raising a single cent.
Monzo hires Sujata Bhatia as the new COO
Sujata Bhatia is a former American Express executive and will replace the previous COO Tom Foster-Carter.
Alpian is REYL's digital neobank from Switzerland and it raised $12.5M
Alpian, a Swiss neobank launched by REYL, announced that it has secured CHF 12.2 million (around $12.5) in a Series A funding round.
Revolut's next step is acquisition of smaller fintech companies
Revolut raised $500m in its recent Series D funding round and is looking to use it to buy companies that have been hit by the coronavirus pandemic.
N26 raises another $100M in extended Series D
N26 extended its Series D funding round to $570M, the company is now valued at $3.5B.
Robinhood raises $280M and pushes its value to $8.3B
The $280 million was raised at Series F funding. This round was led by Sequoia Capital.
The UK fintech sector steps up in the battle against COVID-19
UK peer-to-peer lending giant Zopa was conceived in 2005, but it’s fair to say that the bulk of the fintech wave appeared from 2010 onwards – after the financial crisis.
Revolut launches a bank to provide insured deposits
Revolut has launched a licenced bank in Lithuania, enabling the 300,000 customers in the country to safely deposit their salaries in deposit-protected bank accounts.
Monese closes offices in Lisbon and Berlin as it halts expansion
London and Tallinn-based startup Monese is set to make staffing cuts and lower its ambitions for a funding round.
RBS's Bó challenger to Monzo has failed and drops out
RBS launched Bó back in November 19' to compete with the Monzo and Revolut but now Bó gets discarded.
Monzo has attracted most people who switched their accounts
Monzo bank attracted the biggest amount of account switchers in the final three months of last year according to the most recent data.
The end of the skyscraper era? Barclays CEO says 'putting 7,000 people in a building may be thing of the past'
Barclays CEO Jes Staley claims that the COVID-19 pandemic could permanently change how banks and […]
FIS ventures will invest $150m in fintech startups
FIS Ventures is a venture capital arm of financial technology firm FIS and it has set a target to invest $150 million in promising fintech startups.
NatWest announces Jen Tippin to be the new Chief Transformation Officer
NatWest Group is a parent toRoyal Bank of Scotland and it has attracted Jen Tippin from Lloyds Banking Group to join in the new role of chief transformation officer.
What are the long-term effects of Covid 19 pandemic for UK Fintech firms?
In the blink of an eye, the working world has embraced Zoom, Microsoft Teams and other collaborative tools so they can keep working from home. This change in behaviour has opened many eyes and is likely to have a lasting impact on how banking — and business — is conducted as the global pandemic recedes.
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