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G+D: Navigating the Future of Fintech Agility and Innovation
At Money20/20 Europe 2026, Philippe Serres Chief Sales Officer at Giesecke+Devrient (G+D) outlines how they […]
Starling bank 'on track to break even' despite the losses doubled to £52m in 2019
Starling bank recently announced that it generated £6.7 million for the month of July 2020, meaning that it could make annual revenue of £80m.
Challenger vs. incumbent banks, who is going to win the customer over?
Revolut managed to raise $80 million from TSG Consumer Partners while Monzo bank’s losses jumped from £47.2m to £113.8m. CFTE has done a research among its employees to see if challenger banks stand a chance to ever replace the incumbent banks so customers use them as their primary account.
Spanish challenger Bnext extends Series A funding round by €11 million
Spain's digital banking app Bnext has raised €11 million as an extension to a €22 million Series A financing round they managed to secure last October.
Monzo bank future in doubt as losses double
Monzo bank’s losses jumped from £47.2m to £113.8m amid a hiring spree, marketing and US expansion.
Bunq moves into mortgage market with initial €100m worth of loans
Dutch challenger bunq is now offering mortgages as a part of its new partnership with a third party broker.
Revolut's Richard Davies moves to Allica Bank as the new CEO
Allica Bank has announced the appointment of Richard Davies as its new chief executive.
Lunar launches Denmark's first metal card as part of a 'Pro' premium account
Nordic challenger bank Lunar that has offices across Denmark, Sweden, and Norway, has announced the launch of their new premium 'Pro' account that comes with a metal card.
Monzo is finally launching its premium 'Plus' subscription account
British challenger Monzo bank has relaunched its premium 'Monzo Plus' account with a £5/month fee.
Peter Trebelev, Head of Growth at Rizq: "The market is so saturated, that only niche propositions have the potential to survive."
Rizq is a UK-based Islamic digital challenger bank and it is preparing for its launch this summer. The challenger bank aims to solve mainstream banking issues for Muslims in the West, which is in line with their values and lifestyle.
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.
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.
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.
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.
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