Justin Timberlake backs teen banking app Step’s $50m Series B round
Several celebrities, including Justin Timberlake, are among the investors behind teen banking app Step's new $50m Series B round.
Most European executives optimistic about open banking
European financial institutions are in general optimistic about open banking, but a risk of internal alignment could be holding them back, new data from Tink reveals.
Revolut launches early salary feature
Three million Revolut customers in the UK can now access their pay cheques early via the neobank's latest feature.
Digital payments are becoming more popular ECB research shows
Cash may still be king, but new research from the European Central Bank shows digital payments are becoming more popular.
Monzo secures another £60m investment round
This summer challenger bank Monzo suffered through a £60m down round as the pandemic took its toll. Now it has raised a second raise for the same amount at the same $1.2bn valuation.
Ziglu scores £6m in the largest equity raise on Seedrs in 2020
Personal money app Ziglu has scored £6m in an oversubscribed crowdfunding round, which pulled in more than five-times its original target.
“Extortion scheme”: Afterpay and Klarna engage in war of words
Klarna and Afterpay are butting heads as market competition is getting fierce across the globe.
Revolut launches web app for computers
UK neobank Revolut has launched an online web app enabling its 13 million customers around the world to access their accounts via a desktop or laptop.
Mintos closes crowdfunding campaign on seven-times more capital than initial target
Alternative investment app Mintos has smashed the target for its crowdfunding campaign, raising more than seven-times the original goal.
Vauban said to close seed round on £1.6m
Vauban, which enables investors to build funds and investment vehicles online, has reportedly closed its seed round on £1.6m.
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