It is official, Softbank leads $800 million investment into Revolut, a UK-based challenger bank.

Fintech company Wise broke a record last week when it debuted on the London Stock Exchange (LSE) by reaching a valuation of £8.75 billion.

Tom Blomfield who co-founded Monzo Bank in 2015, left the digital bank, citing “challenges” from the pandemic and now he is taking a position in Generation Home.

The Amsterdam-based challenger bunq announced that British investor Pollen Street Capital is investing 193 million euros in the bank.

Revolut is reportedly in talks with SoftBank about a funding round worth between $750 million to $1 billion with a deal expected to be a few weeks away.

This new feature by the German challenger bank allows customers to settle their payments through installments.

Revolut gives out £250,000 over the next month, every customer is able to earn points and to win a part of the prize fund.

Starling has achieved a net hire of 551 people since 23 March 2020 as it continues to grow.

Wise, former TransferWise, is about to go public on the London Stock Exchange through a direct listing.

The Swedish fintech valuation grew to $46 billion after it secured another investment worth $639million.

A$AP Rocky improved his relationship with Sweden after the 2019 arrest and becomes the latest investor of Europe’s most valuable fintech company, Swedish Klarna.

Riyad Bank inaugurated a new private banking center in Riyadh, on Tuesday , June 8, 2021, in the presence of Eng. Abdullah bin Mohammed Al-Issa, Chairman of Riyad Bank, Mr. Tariq bin Abdulrahman Al-Sadhan, CEO of Riyad Bank, executive management, and a number of senior patrons.

UK-based FinTech Wise (formerly TransferWise) launched its services in India as a next step to achieve the goal of becoming a global remittance service.

Fintech Curve managed to raise £10m in just 54 hours, making this the largest equity raise on Crowdcube’s record.

Klarna, Europe's largest FinTech company, has chosen Madrid to open its new technology center.