The digital bank Starling announced a plan in which it is going to hold 18% of the SME banking market in five years, Insider reported.

Unlike its competitors, Starling Bank has achieved break-even this October and expects to be monthly profitable from here onwards on an operating profit basis.

Revolut Business has announced this week that UK businesses can accept card payments online and directly into their account.

TCS Group Holding PLC reports the net income rose by 30% year-on-year to RUB 12.6 bn in 3Q’20.

Digital business banking group Penta announced it has joined forces with Raisin to introduce overnight and term deposits from WeltSparen.

PayStream is online accounting software that is designed with contractors in mind and is now integrated into the Starling business account.

Customers on Revolut's Grow, Scale and Enterprise plans will now be able to order metal cards for business use.

Penta provides banking for small and medium-sized enterprises (SMEs) and is headquartered in Berlin, with offices in Milan and Belgrade.

Allica Bank has already closed a £26 million investment and now is launching a new £100 million funding round to meet the current high levels of demand for its services.

Monzo spent 12 months building a business account for SMEs that has been launched March this year and managed to attract 50,000 customers according to AltFi.