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Hey Digital Banking Fanatic! Neobanks in Europe, like Revolut and N26, have long offered features that simplify expense sharing. Now, Nubank is bringing a similar convenience to its customers with Boleto Compartilhado, a new tool that allows users to split bank payment slips (boletos) directly within their digital accounts. With

Hey Digital Banking Fanatic! Branch closures, digital expansion, and strategic partnerships—Santander Bank’s latest moves reflect the broader shift in global banking. This week, the lender announced plans to shut 21% of its UK branches, in line with an industry-wide trend that has accelerated since 2008. At the same

Hey Digital Banking Fanatic! The Nordic digital bank Lunar has reached a new stage, surpassing 1 million users, including 25,000 businesses. Since securing its banking license in 2019, the bank has expanded beyond Denmark into Sweden and Norway, operating in one of the wealthiest countries in the world, with

Hey Digital Banking Fanatic! OakNorth, the UK-based digital bank for SMEs, is strengthening its foothold in the U.S. market. Following a strong financial performance in 2024, the company has announced its acquisition of the Michigan-based Community Unity Bank in a stock-for-stock deal. This move builds on its earlier expansion

Hey Digital Banking Fanatic! Cleo’s 2024 mission report is here, and the numbers tell a clear story. Annual recurring revenue has reached $185 million—twice last year’s figure. One million people now check in monthly, fueling 73 million conversations. Behind the scenes, Cleo has analyzed 3 billion transactions

Hey Digital Banking Fanatic! Revolut is moving closer to becoming a fully licensed UK bank, with plans to complete its "mobilization phase" by July. Since securing its restricted banking license last summer, the company has grown its UK banking division from 35 to over 100 employees, aiming to

Hey Digital Banking Fanatic! This week marks an interesting moment for youth banking in Europe. Following Lunar’s launch of Lunar Youth in Scandinavia, Monzo has officially rolled out its first account for children aged 6 to 15 in the UK. Until now, Monzo only offered accounts for those over