Revolut is a Global Money App, cutting your hidden banking fees to zero. It allows you to exchange currencies at perfect interbank rates, send money through social networks and spend with a multi-currency card everywhere MasterCard® is accepted. All this is done at the touch of a button, in a beautiful mobile application. Our goal is to completely remove all hidden banking costs.
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Fintastico Team
5 giorni, 23 ore
https://thefintechtimes.com/richard-davies-the-...
Richard Davies, the Revolut, TSB and HSBC banking heavyweight has been appointed as Alicia Banks CEO | The Fintech Times
In this role, Richard will be responsible for leading the Bank as it scales to become a major force in serving British businesses, delivering the funding, technology and expertise needed at what is a crucial time for the British business sector.
Fintastico Team
6 giorni, 2 ore
https://www.fintechfutures.com/2020/07/welab-ba...
WeLab Bank launches in Hong Kong - FinTech Futures
WeLab Bank, the virtual bank operated by Hong Kong-headquartered fintech WeLab, has finally launched its offering to all users.
Fintastico Team
6 giorni, 17 ore
https://www.finextra.com/pressarticle/83530/rev...
Revolut rolls out rewards offering in Singapore
Revolut earlier this week announced it has closed Series D round, announced earlier in the year, with a US$80 million extension, for a total funding round of US$580 million at a US$5.5 billion valuation.
Fintastico Team
6 giorni, 21 ore
https://www.crowdfundinsider.com/2020/07/164734...
Ballet Milestone: Crypto Wallet Company Announces $21 Million in Customer Deposits Just One Year After Launch
Ballet, a U.S.-based cryptocurrency wallet startup, announced on Wednesday its platform has reached $21 million in customer deposits. This milestone comes just one year after the wallet platform made its debut. Founded in 2019, Ballet claims to be the first multicurrency, non-electronic, physical crypto wallet.
Fintastico Team
1 settimana
https://www.vccircle.com/fintech-startups-face-...
Fintech startups face pressure to grow up as coronavirus casts a chill
Aritra Chakravarty, founder of London-based online accounts and investments provider Dozens, admits it's a tough time to be
Fintastico Team
1 settimana
https://www.smartcompany.com.au/startupsmart/op...
Don't forget the smaller players: The fintech industry needs government intervention, writes FinTech Australia boss Rebecca Schot-Guppy - SmartCompany
Behind the big names of the fintech sector are myriad smaller players, and they are hurting, writes FinTech Australia boss Rebecca Schot-Guppy.
Fintastico Team
1 settimana
https://morningtick.com/2020/07/29/uk-based-fin...
UK-based FinTech firm TransferWise raises another $319m as valuation soars to $5 bn - Morning Tick
TransferWise, the London headquartered international money transfer service, confirmed its valuation at $5bn by private investors. This was speculated in
Fintastico Team
1 settimana
https://www.crowdfundinsider.com/2020/07/164690...
Fintech Firm Thought Machine, a Core Banking Tech Provider, Secures $42 Million in Additional Capital as Part of $125 Million Series B
Fintech firm Thought Machine, a core banking tech provider, secures $42 million in additional capital as part of $125 million Series B.
Fintastico Team
1 settimana
https://www.fintechfutures.com/2020/07/revolut-...
Revolut loses banking veteran CEO after one year to upstart Allica Bank - FinTech Futures
Revolut has lost Richard Davies, its CEO of banking, who was brought into the UK challenger bank to help it “grow up” just one year ago.
Fintastico Team
1 settimana
https://www.crowdfundinsider.com/2020/07/164690...
Fintech Firm Thought Machine, a Core Banking Tech Provider, Secures $42 Million in Additional Capital as Part of $125 Million Series B
Fintech firm Thought Machine, a core banking tech provider, secures $42 million in additional capital as part of $125 million Series B.
Fintastico Team
1 settimana, 1 giorno
https://www.insurancejournal.com/news/internati...
Analysis: Fintech Funding Slides as Coronavirus Casts a Chill with Venture Capitalists
Aritra Chakravarty, founder of London-based online accounts and investments provider Dozens, admits it's a tough time to be seeking up to 15 million
Fintastico Team
1 settimana, 1 giorno
https://www.insurancejournal.com/news/internati...
Analysis: Fintech Funding Slides as Coronavirus Casts a Chill with Venture Capitalists
Aritra Chakravarty, founder of London-based online accounts and investments provider Dozens, admits it's a tough time to be seeking up to 15 million
Fintastico Team
1 settimana, 1 giorno
https://www.cnbc.com/2020/07/28/fintech-firm-tr...
Fintech unicorn TransferWise sees valuation climb to $5 billion
TransferWise employees and early investors sold some of their stake in a $319 million secondary deal.
Fintastico Team
1 settimana, 1 giorno
https://www.finextra.com/newsarticle/36299/revo...
Revolut launches price comparison service
Digital banking app Revolut has called in Moneysupermarket's white-label technology business to help launch a price comparison service.
Fintastico Team
1 settimana, 1 giorno
https://www.pymnts.com/news/digital-banking/202...
Revolut Launches Price Comparison Service | PYMNTS.com
FinTech Revolut is partnering with Decision Tech to offer a service that lets customers compare gas, electricity, broadband, mobile and TV provider prices.
Fintastico Team
1 settimana, 1 giorno
https://cointelegraph.com/news/open-the-floodga...
Open the Floodgates: US Customers to See More Crypto Accessibility
Digital payment platforms add more cryptocurrency features for U.S. customers, but will big banks take the lead?
Fintastico Team
1 settimana, 1 giorno
https://www.crowdfundinsider.com/2020/07/164648...
Revolut Now Offers Price Comparison Service Powered by Decision Tech
Digital bank Revolut has announced a new price comparison feature for its users. Working with Decision Tech, Revolut has launched 'Essentials' to enable users to more easily switch and save on various services such as gas, electricity, and broadband. The Essentials feature is available now
Fintastico Team
1 settimana, 1 giorno
https://www.crowdfundinsider.com/2020/07/164649...
Wither Digital Only Banks? Jefferies Thinks COVID May Kill Digital Banks as Incumbent Banks Gain
A recent report authored by Jefferies wonders aloud if COVID will not only impact the health of the world but may also kill off digital-only challenger banks. According to the report, analysis of data indicates that 'digital engagement' has moved back into the realm of
Fintastico Team
1 settimana, 1 giorno
https://www.bobsguide.com/guide/news/2020/Jul/2...
UK fintech investments see overall drop in first half of 2020
found that UK fintechs pulled over $1.84bn (£1.4bn) in venture capital investments during the first half of 2020. The findings show that the UK fintech market is still growing despite coronavirus, with investments up 22 percent in the first half of the year compared to the second half of 2019. “In the wake of the pandemic, multiple industries have been hit hard, but fintech is better positioned than most to weather the current storm,” Husayn Kassai, co-founder and chief executive at Onfido, said via email. “Even before coronavirus struck, developed economies were becoming less dependent upon physical branches and cash.” Kassai continued that society is driving innovation at the moment, with the ‘digital generation’ expecting intuitive and convenient online services. However, compared to the first half of 2019, capital has still seen a 39 percent drop. A large portion of the aforementioned investments went to larger fintechs, with Revolut, Starling Bank, Onfido and Checkout.com each completing deals worth over $100m (£77.6m) in the first six months of the year. Following close behind, Thought Machine received the fifth-largest investment at $83m (£64.4m). Innovate Finance says that these “mega-deals” help underline the maturity of the UK fintech sector, even though smaller fintechs raised just eight percent of total investments for the first half of the year. In a press statement, Innovate Finance’s chief executive Charlotte Crosswell said that while the findings are encouraging, start-ups are still being negatively impacted by the impact of coronavirus. In June, an Innovate Finance survey found that over 70 percent of fintech respondents had not received private funding since lockdown began, with some of the smallest firms holding under six months cash. As of June, smaller fintechs receiving private funding primarily did so through angel investors, with venture capital and private equity lagging behind. While there is a lag between conversations and actual funding, Crosswell expects the latter half of 2020 to be focused on bridging the funding gap across the sector, spurred by a global appetite in fintech investment. “It is yet to be seen if the rest of 2020 sees a pick-up in activity, but in the meantime, we must help fintechs of all sizes source the capital they need to emerge from the pandemic, if our sector is to grow during the crisis,” Crosswell
Fintastico Team
1 settimana, 2 giorni
https://dailyfintech.com/2020/07/28/scalable-ca...
Scalable Capital: from Digital investing to Deposit accounts and Brokerage services - Daily Fintech
Efi Pylarinou is the founder of Efi Pylarinou Advisory and a Fintech/Blockchain influencer – No.3 influencer in the finance sector by Refinitiv Global Social Media 2019. Fintech funding and activity for investing solutions is remarkably healthy given the macroeconomic conditions. The Stash ($112million in April 2020) and Robinhood ($280million in May 2020 and $320million in July) sizable funding rounds and the acquisition of Personal Capital by Empower Retirement […]
Fintastico Team
1 settimana, 2 giorni
https://www.crowdfundinsider.com/2020/07/164573...
Fintech Funding in the UK Declines During H1 2020, but Challengers Revolut, Starling Bank, Checkout.com, Onfido Close Mega $100 Million+ Rounds
UK Fintech funding drops during H1 2020, but challengers Revolut, Starling Bank, Checkout.com, Onfido close $100M+ rounds.
Fintastico Team
1 settimana, 2 giorni
https://www.computerweekly.com/news/252486686/U...
UK fintech investment down by more than 30%
Less established fintechs hit hardest by drop in investment capital, but there is light ahead for those that survive
Fintastico Team
1 settimana, 2 giorni
https://www.information-age.com/uk-fintech-inve...
UK Fintech investment slows, but cautious optimism ahead
Although UK Fintech investment is slowing, there is cautious optimism ahead as $1.84bn was invested into the sector in first half of 2020
Fintastico Team
1 settimana, 2 giorni
http://feedproxy.google.com/~r/finovate/~3/3dVS...
Revolut Adds $80 Million to Series D; Valuation Remains at $5.5 Billion - Finovate
The only thing better than receiving a $500 million investment in February may be getting another $80 million in funding five months later. Alternative bank Revolut announced late last week that TSG Consumer Partners is the latest investor to join its Series D round. The $80 million investment from the VC firm takes the London, Read more...