UK start-up Freetrade raises $15m, inc. first-time investor Draper Esprit
Draper Esprit invested $7.5 million in the fintech.
Revolut
Revolut launches in Singapore
Country will be Revolut’s first Asian market and second outside Europe
Revolut hires JP Morgan to manage $500m funding round and issue a $1b loan
The loan will turn into shares if Revolut receive a US banking licence.
PayExpo 2019: Monzo COO not so sure it needed to be a bank for its success
His reasons boil down to expensive, slow and heavy hoops since its licence.
Revolut’s losses double to £33m as it gears up to hire staff, expand reach
The fintech’s losses have gone from £14.8m to £32.8m in one year.
Challenger bank bunq launches in UK and 21 other European countries
The bank is active in all EU countries and a handful of EEA ones, too.
Revolut reveals new agreement with Visa, set to hire 3,500
Revolut is eyeing up several new markets in 2019 and 2020
Revolut to deploy BearingPoint regulatory reporting system
AnaCredit and EBA reporting covered by BearingPoint’s Abacus360.
Taking on the apps
How can big finance ready itself? Find out the five steps that can help.
Revolut withdraws banking licence application in Luxembourg
It needs regulatory approval from an EU27 state to maintain EU single market access post-Brexit.
Video: fintech news weekly round-up – 05 August 2019
Some of this week’s news, in video format!
Revolut unveils free business accounts
Business plans can be upgraded or downgraded at any time.
TrueLayer integrates with Revolut to access open banking data
Emma will be the very first integration.
Challenger banks in Spain: who’s who (and what’s their tech)
A list of the known challengers to date and the technology they are using.
Banking Technology September 2017 issue out now
Welcome to fintech central! Good service operating on all lines. The latest edition of our flagship magazine – Banking Technology – is out now, packed with news, analysis and insights, case studies, research and expert commentary.
Fintech Funding Roundup: Revolut, Curve, Pixoneye, Gridspace
And the money keeps rolling in for fintech. U.K. challenger bank Revolut announced a $66 million investment it will use to introduce new features and expand globally, starting with Asia and North America. Meanwhile, Santander InnoVentures, the bank’s fintech venture capital fund, has added U.K.-based Pixoneye and Curve and U.S.-based Gridspace to its portfolio.
Investment Roundup: Visa Buys Stake in Klarna; Revolut, Tango Land Financing
Investors continue to show strong interest in fintech-based payments services providers, as Visa acquires an equity share in fast-growing Swedish e-commerce specialist Klarna, and startups Revolut and Tango Card land significant financing rounds.
