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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 […]
Jon Fath becomes new chief operating officer in bunq
Jon Fath has been previously CEO of logistics automation group Transmetrics and has just become the new COO of digital bank Bunq.
Revolut introduces new fees
Challenger bank Revolut boosted trading fees for the second time in the past six months.
Monzo reported £130M annual loss and is under investigation by FCA
The UK challenger Monzo bank has recently reported £130M in pre-tax losses up from £114 million in the same period in 2020.
Starling Bank’s first acquisition is Fleet Mortgages
UK challenger Starling bank acquires Fleet mortgages as its first corporate acquisition.
Starling Bank revenue skyrockets by 600%
The digital bank Starling has managed to grow revenues to £97.6 million from £14 million in the previous period.
N26 aims for valuation of $10 billion
German fintech N26 is currently in talks with investors, with the goal of raising several million dollars in the fundraising process, Bloomberg reported.
Revolut raises $800m at $33 billion valuation
It is official, Softbank leads $800 million investment into Revolut, a UK-based challenger bank.
N26 launches new 'N26 Installments' option
This new feature by the German challenger bank allows customers to settle their payments through installments.
N26 is now also about to step into crypto trading
The German challenger bank hesitated to become a crypto trading platform like the main competitor Revolut has become during last year, this has changed.
Bunq valued at 1.65 billion € after first investment
Dutch digital bank Bunq managed to close the very first funding round with an undisclosed British private equity firm.
N26 exceeds 2 million customers in France
N26 announced that it has convinced 2 million French customers to use its services after 4,5 years since entering the market.
Mastercard and bunq introduced cards with the True Name feature
The bunq and Mastercard's True Name service launched in Germany and will be available in 30 European countries.
BaFin: N26 needs to improve money-laundering prevention
The German financial supervisory authority BaFin is dissatisfied with the money laundering prevention at N26.
Bunq exceeds €1 billion in user deposits
Dutch neobank bunq hits the billion mark in deposits and is offering German account numbers for the first time.
Lunar acquires Swedish Lendify
Danish Lunar Group acquires the Swedish loan and savings platform Lendify to strengthen the private loan business.
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