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SoFi Unlocks Private Markets for Retail Investors
Hey Digital Banking Fanatic!
First, it was Robinhood. Now, SoFi is giving everyday investors a chance to back private companies like SpaceX, OpenAI, and Epic Games.
As CEO Anthony Noto put it: "SoFi is expanding alternative investment opportunities for a new generation of investors."
SoFi already offers access
Monzo Faces £21M Penalty Over Compliance
Hey Digital Banking Fanatic!
The FCA has fined Monzo Bank £21.1 million, which is about 1/3 of its latest pre-tax profit! 🤯
Monzo CEO TS Anil responded: “The FCA’s findings relate to a historical period that ended three years ago… with our learnings at the time leading
Revolut Faces UK Licence Delay, Halts Hungary Services
Hey Digital Banking Fanatic!
Revolut’s regulatory hurdles are piling up. It's still waiting on a key UK credit licence and is now suspending services in Hungary.
Meanwhile, Monzo doubles down in Ireland with a fresh €2m investment, expanding its European footprint while Revolut navigates setbacks.
And it’
Zopa Opens Second UK Hub in Manchester
Hey Digital Banking Fanatic!
Zopa, which recently reached 1.5 million customers, is growing across all fronts. The digital bank just announced that, in addition to its London office, it will open a new one in Manchester.
The launch is set for early August, with initial plans to recruit around
Revolut, OakNorth Consider LSE’s Pisces Platform
Hey Digital Banking Fanatic!
Some of the UK’s best-known digital banks, like Revolut and OakNorth, have met privately with over 20 firms to explore joining the new Pisces private stock market, after being approached by the London Stock Exchange.
Supported by a new rulebook from the FCA, it
Circle and Qonto Are Going After Banking Licenses
Hey Digital Banking Fanatic!
Quick one before we dive into your daily dose of news updates.
For the first time, I am sharing a full media kit that has partnership opportunities with Connecting the Dots in FinTech... at your fingertips.
Want in? Just drop your email here, and I will