This comes just month after the Revoluts CFO David MacLean stepped down (among others).

Some of Europe’s top challengers are dealing with a drop of digital downloads in recent months. This signs that the COVID crisis could mean a huge threat to them.

The digital challenger submitted the application on Monday. For a US banking licence to be approved, it could take up to two years for Monzo's application.

According to a report from research and campaign group Positive Money, central banks should issue a digital version of cash to prevent the ‘privatization’ of money.

With regard to the coronavirus crisis, Boden is sure this will bring the demise of cash money. But she is also aware that this doesn't just bring benefits as it comes with other challenges.

In recent months, coronavirus-linked market volatility has sent trading volumes on apps like Robinhood or Stake.

Capgemini and Efma published World FinTech Report 2020 revealing traditional banks have an opportunity to thrive in today’s market by embracing Open X and becoming Inventive Banks.

The coronavirus crisis has already made senior executives from Monzo, Lloyds and Revolut to slice down their own personal income.

Among the Covid-19 epidemic, cash is seemingly becoming less utilised, while most social locations are […]

The Chancellor has announced support worth £1.25bn for UK start-ups and businesses driving research and development in some of the most dynamic sectors of the UK economy – ranging from tech to life sciences.

Google is likely going to push into banking and this could include a parallel to the Apple Card.

Revolut challenger bank's staff are being offered shares in exchange for lower take-home pay. This comes as the company seeks to tighten its belt in light of the COVID-19 pandemic.

Banco Santander has launched a cross-border payments app PagoFX in the UK, taking on the might of rival fintech unicorn TransferWise.

CaixaBank and Global Payments are building on a series of partnerships to build a joint prepaid venture in Europe.