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.

Revolut has finally managed to appoint a new CFO Mikko Salovaara after a year since David MacLean stepped down after only six months in the role, Sifted reported.

Revolut is about to make multi-million investments into India over the next five years and create 300 new jobs there as Paroma Chatterjee was appointed the new CEO.

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.

Berlin-based challenger bank N26 has just surpassed the amount of 7m customers across Europe and the US.

N26's leadership bench extended with the appointment of Dr. Jan Kemper as Chief Financial Officer.

Tom Blomfield who co-founded Monzo Bank 2015, is leaving the digital bank, citing "challenges" from the pandemic, TechCrunch reported.

The Founder & CEO at Kard Scott Gordon has provided Everly.eu with an exclusive interview in which he addressed what led him to the idea of Kard, why he believes we are experiencing a second wave of Fintech companies, and where he sees his company in the future.

Nikolay Storonsky is listed on the top of the Telegraph's “Tech Hot 100” for the first time with an estimated wealth of £1.06bn.

N26 is considering a fresh fundraising round next year, as the challenger bank eyes a valuation above $3.5 billion, people familiar with the matter said to Bloomberg.

Jeremy Takle and Ben Harvey have announced the launch of a digital bank called Pennyworth.

Starling Bank said the desktop option of online banking is in response to customer demand. Current account customers are now able to manage their money via desktop or laptop.

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.

TransferWise early investors sold some of their stakes in a $319 million secondary deal. With that, the value of the company was estimated at $5bn.

Monzo bank’s losses jumped from £47.2m to £113.8m amid a hiring spree, marketing and US expansion.