
News


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’

Klarna’s Neobank Pivot Ahead of U.S. Listing
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For all the new products Klarna has launched, and despite public efforts by its CEO to shift perception, the company’s name still evokes “buy now, pay later” for many consumers and investors.
This comes as Klarna prepares for a second U.S. IPO, after putting

Revolut Reaches 60M Users, Acquires Bank in Argentina
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Revolut has just over 60 million customers 🤯, marking 60% of the way toward its customer target. This comes seven months after CEO Nik Storonsky shared his broader vision in a conversation with Martin Mignot at Slush:
"Revolut’s future? nr1 Global Bank in 100 countries

Nubank’s NuCel Gets a Physical Chip
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Nubank is expanding its presence in the telecom market. After launching NuCel last year with only eSIM support, the company is now introducing physical SIM cards.
The service remains the same: national coverage, unlimited calls, free WhatsApp usage, and fixed monthly plans. By adding physical SIM

Zopa Steps Into Current Accounts, Targets 5 Million Users in 3 Years
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Zopa Bank, long associated with its lending products, is moving deeper into the current account market with the launch of Biscuit, a digital account offering cashback and savings interest rates above 7%, well above the Bank of England’s 4.25% base rate.
Founded as a

Amsterdam's Finom Scores $133M Series C, Two Raises in One Quarter Push Total to $346M
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Well, that didn’t take long... Just about 8 weeks after raising a $105M (€92.7M) non-traditional funding round from General Catalyst, Amsterdam-based neobank Finom is back with another headline.
This time, a fresh $133 million (€115 million) equity injection in Finom's Series C