Revolut is about to step into new fundraising and the new valuation of the company is expected to be at more than $10bn (£7.2bn).

Gilles BianRosa was hired by German challenger N26 as the new chief product officer.

The digital bank has introduced new Mastercard debit cards which are to be made from recycled plastic.

Revolut decides to leave Canada after not managing to exit beta since 2019.

Digital bank Monzo has reached a combined total of 135,000 customers for its two premium bank account options since their launch in 2020

Bunq is the first challenger bank that joined the TARGET payment network, a system developed by the European Central Bank.

Revolut bank now provides services for European countries including Bulgaria, Croatia, Cyprus, Estonia, Greece, Latvia, Malta, Romania, Slovakia and Slovenia.

Cross-border savings and investments marketplace Raisin and the german digital bank N26 combine their strenghts to deliver top interest rates.

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.

The rebranded company Wise drops the part Transfer as a signal of moving on from the money-transfer focus of the company.

The German digital bank has just announced the launch of a 100% digital N26 Standard account equipped with a virtual card.

Carol has previously worked as Monzo’s strategic adviser, and from now on she will lead the American expansion for the digital bank, also being the first female chief executive officer.

Monzo confirms an extension of its Series G funding round, raising £50 million from San Francisco-based venture firm, Octahedron Capital among existing investors.

Revolut announced plans to introduce a remittance option to move money effortlessly from and to India, TOI reported.

Revolut will allow majority of its employees to get permanent flexible working options.