London-based FinTech Tymit has announced the launch of its app-enabled fee-free instalment Visa credit card.

UniCredit SpA’s announced to eliminate around 8,000 jobs. This is pushing cuts announced by banks this year past 75,000 with most of them in Europe (due to negative interest rates and a slowing economy).

Mastercard yesterday announced it is developing its first European Cyber Resilience Centre, a state-of-the-art cyber and security center in Europe that will drive collaboration between both public and private sectors, as well as regulatory bodies to further support enterprise resilience in the region.

British digital bank Monzo is a fast-growing business, so it plans to hire up to 500 people and forecasts it will get 5.5 million users this year.

Last week was a big week for Flywire. The global payments platform made a dual announcement, that it closed a round of funding and sealed the deal on an acquisition. It has acquired a healthcare technology platform Simplee. The acquisition comes just after the company raised $120 million through its Series E funding round, which was led by Goldman Sachs.

Klarna has acquired the Italian ‘pay now, buy later’ start-up Moneymour and established a new hub in Milan, from which Moneymour origins.

Danske Bank’s UK CDO, Søren Rode Jain Andreasen has not really found a chatbot he actually likes.

Around 70% of people around the globe now have some form of a bank account, according to the World Bank. But when it comes immigrants, they essentially leave behind their financial histories, starting again from zero.

Tandem Bank is close to securing fresh funding near to £50m, as it makes a management change.

Apple Pay will be most likely responsible for 10% global card transactions by 2025 worth trillions of dollars a year and even rival PayPal for online payments.

Mastercard Inc. won approval to set up a bank card clearing business in China, gaining access to a $27 trillion payments market.

Berlin-based digital bank N26, which is a rival to Revolut and Monzo, is closing accounts for UK on 15 April. “We will be unable to operate in the UK with our EU banking license so we will be leaving the UK and closing all accounts” is the official N26's statement.

The Curve is a well-known London-based fintech with which you may combine your bank cards into one. Curve has about 300,000 cardholders at this point.

Nigerian fintech start-up, Aella has raised a $10 million debt financing round, from Singapore-based HQ Financial Group (HQF) to help the company scale its expansion across Africa.