Tag: Revolut

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.

Dutch bunq is said to have become the first European challenger bank to offer mortgages, entering the mortgage market through a silent partnership.

Neobank Revolut has teamed up with price comparison technology company Decision Tech to launch a new service to help users compare and switch operators.

New business bank Allica Bank has named Richard Davies as its CEO. He joins after having served a year as COO of challenger bank Revolut.

From InsurTech to RegTech, the last week showed that some sectors may be able to benefit from the coronavirus crisis.

Having already bagged $500m in its Series D round in February, Revolut has now topped up its accounts with another $80m.

Leading UK neobanks Monzo and Revolut appear to have suffered simultaneous partial service losses on Monday evening.