Tag: challenger bank
Digital banking group Tyme lands $77.8m in pre-Series C funding
Digital banking group Tyme has raised $77.8 million in a pre-Series C funding round led by Norrsken22 and Blue Earth Capital. The funding will...
German challenger N26 to cut 71 jobs, around 4% of total workforce
German challenger bank N26 is cutting 71 jobs, which represents approximately 4% of its total workforce. The move is aimed at aligning the company...
Revolut’s chief financial officer Mikko Salovaara departs
Revolut's Chief Financial Officer (CFO), Mikko Salovaara, has left the company citing personal reasons. This departure follows the exit of James Radford, former CEO...
US digital banking platform Greenwood acquires neobank Kinly
Greenwood, a digital banking platform catering to Black and Latino individuals and businesses in the US, has acquired Kinly, a neobank focused on improving...
UK fintech Revolut marks Latin America debut with Brazil launch
Revolut, a UK-based fintech firm, has launched in Brazil, marking its first venture into Latin America. The company will offer customers a multi-currency account,...
Schroders slashes valuations of UK neobanks Revolut and Atom Bank
Schroders Capital Global Innovation Trust, which holds a stake in Revolut, has devalued its investment by 46%, suggesting that £12bn ($15bn) could be wiped...