Banking
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...
Business
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...
Business
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,...
Banking
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...
Banking
UAE’s Mbank partners Dgpays for digital wallet offering
UAE-based digital bank Mbank has partnered with Turkish B2B fintech Dgpays Group to launch a digital wallet designed to offer businesses and freelancers the...
Banking
Pennyworth CEO says banking authorisation is “in sight” as start-up plots growth
Pennyworth Financial, a financial planning app, is about to complete its bank application process, according to co-founder and CEO Jeremy Takle.
FactsPennyworth Financial was...
Banking
Liberty Bank launches Owners Bank for small businesses in the US
Connecticut-based Liberty Bank has launched a digital bank, Owners Bank, to cater specifically to the needs of small businesses. The bank offers a range...
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