Tag: Revolut

The FinTech industry has a problem with harassment, but now the Fintech For All Charter has moved to do something about it.

Barely a month after Revolut's COO left, the challenger bank's head of compliance has now joined the growing list of top executives abandoning the neobank.

Starling Bank is "really sorry" if customers are unhappy with its new fees, introduced just weeks after the neobank revealed its losses had doubled in the last year.

FinTech startup Jiko has acquired Mid Central National Bank in a deal that is the first of its kind.

Having recently announced that it had trebled its losses in the last year, Revolut is now celebrating that 500,000 customers have signed up to its business offering by adding new features to it.

After having doubled its losses in the last year, challenger bank Monzo has now announced that it will add two new fees by the end of October.

The global neobank market is estimated to grow from $20.4bn in 2019 to reach $471bn by 2027, according to a ResearchAndMarkets.com' report.

UK digital lenders Revolut, Starling Bank and Monzo have reported massive annual losses. What does it mean for their future?

FinTech deal activity in Q2 hit a five-quarter low as deal pipelines are drying up and investors taking a more cautious approach due to economic uncertainty.

Revolut annual losses jumped from £32.8m in 2018 to £107.4m in 2019, but the neobank is still hoping to break even by 2021.