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The Evolution of Specialised Lending: Navigating Complexity and AI Integration with Loan IQ
The corporate lending landscape is experiencing a structural transformation driven by the exponential growth of […]
Revolut receives €70,000 fine in Lithuania
Digital bank Revolut was fined €70,000 at the end of 2022 for failing to submit audited annual financial statements to the Bank of Lithuania in due time in violation of Lithuanian laws on financial institutions.
The Top FinTech Stories of 2022
The fintech industry experienced a mix of highs and lows in 2022. Some of the biggest news happened, and we're unpacking it all...
St. Mary's Bank Partners with AKUVO to Automate Collections Process
St. Mary's Bank, a New Hampshire-based credit union with $1.5 billion in assets, has teamed up with Pennsylvania-based credit risk specialist AKUVO.
Danish Lunar Bank plans $146M acquisition of Instabank
Lunar and Norwegian Instabank have entered into a transaction agreement on acquisitions and Instabank's Board of Directors has unanimously decided to recommend the offer of 3.75 per share.
Swiss challenger bank Alpian gets banking licence as it raises $20m
Swiss digital-first challenger Alpian has just received its banking licence from the Swiss Financial Market Supervisory Authority (FINMA)
Female Revolut workers are still paid 25 % less than men
“This year’s UK gender pay gap report demonstrates that we must do more to ensure women are provided with fair and equitable opportunities here at Revolut,” Nik Storonsky, chief executive and co-founder of Revolut
Italy's financial regulator imposes a ban against N26
After the growth restrictions imposed by the German financial regulator Bafin, the Berlin-based digital bank N26 is now also struggling with problems in Italy.
Starling Bank CEO Ann Boden:“very, very unlikely” big banks will all have branches on the high street in the future
Starling Bank chief executive Ann Boden has expressed her opinion on the future of bank branches.
Revolut has offered relocation support to all its Ukraine-based employees
Fintech companies like Revolut, Zopa and bunq decided to offer relocation initiatives for workers in Ukraine.
Starling Bank considers opening office in Leeds or Manchester
British Starling Bank is considering opening an office in Leeds or Manchester as it continues to increase its market share.
Nik Storonsky, CEO Revolut, has publicly condemned the Russian invasion of Ukraine
Storonsky also claims his company would match up to £1.5 million (US$2 million) in donations to the Red Cross Ukraine appeal.
Starling Bank investing in eight projects that remove CO2
In a recent blog post, British challenger bank Starling announced an advancement in green projects they picked to support to fight climate change.
Bunq is responding to demand with the launch of an investment function
Dutch challenger bunq is one of Europe's first neobanks to offer its users a simple and sustainable way to invest their money.
Tencent takes stake in Monzo Bank
The tech giant from China Tencent has taken a minor stake in Monzo Bank after joining Monzo's latest funding round.
N26 is withdrawing from the USA to focus on Europe
Berlin-based digital bank N26 is giving up the US business so it is able to focus on the European market.
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