Tag: Monzo

British chancellor of the exchequer Rishi Sunak has announced that the government will carry out a review of the country’s FinTech sector. He revealed the...

When open banking was first introduced, it was suggested that it would enable both big banks and smaller firms to innovate. However, the founder...

The popularity of challenger banks have helped to drive the use of digital banking services, a new study from Juniper Research claims.

Revolut has finally closed a $500m investment round after years of speculation, leaving people wondering where that leaves other challenger banks and the rest of the FinTech industry.

Hijack marketing is not something new, but as one of Revolut’s latest stunts shows, it is not something FinTechs should embark on lightly

While British neobanks gained six million new customers in the last six months of 2019, losses and the looming threat of big tech are issues they still need to take seriously.

UK-based challenger bank Monzo is planning to grow its staff from 1,500 to 2,000 and to relaunch its failed premium services.

When Monzo asked its Twitter followers what feature they would like to add, Revolut replied, “Auto-switch to Revolut button.” Then all hell broke loose.

British digital bank Revolut may have achieved a bigger valuation than its native rivals thanks to a new funding round, but it is also the leader in customers complaints.

After about two years of speculation, challenger bank Revolut has finally closed its latest funding round, which reportedly pushed its valuation past the $6bn valuation mark despite rumours suggesting it would only get a $5bn valuation.