Tag: Starling Bank

Starling Bank introduces new fees after doubling its losses in the...

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.

Jiko becomes the first FinTech startup to purchase a US-regulated bank

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

Struggling neobank Monzo adds fees for taking out cash and getting...

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 challenger bank market to be valued at $471bn by...

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

Starling Bank reveals UK SMEs are bullish about their ability to...

More than two-thirds of UK SMEs seem to believe they can return to pre-coronavirus levels at the start of 2021, according to new research...

How much trouble are Revolut, Starling Bank and Monzo really in?

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

Revolut’s losses more than tripled to £107.4m last year

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.

Starling Bank’s losses doubled to £53.6m in the last year

Even though UK-based FinTech unicorn Starling Bank has seen its losses skyrocket to reach £53.6m in the last year, it still has reason to celebrate.

Customers left “gutted” and in tears after neobank Tide halts Bounce...

UK challenger bank Tide has frozen the issuing of Bounce Back Loans for small businesses after its funding efforts fell through, leaving customers crestfallen and in tears.

Starling Bank said to be eyeing pair of grants as it...

UK challenger bank Starling Bank is reportedly looking to raise yet more funding this year, with the hopes to create more products for small and medium-sized businesses (SMEs).

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