Tag: finance
Revolut lets businesses accept online payments
Fintech startup Revolut is launching its own acquiring solution. With this move, the company is competing directly with Stripe, Adyen, Braintree or Checkout.com. This is an in-house product and not just a fresh coat of paint on an existing solution. As a reminder, Revolut already offers business accounts. It lets…
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Grab-Singtel and Ant Group win digital bank licenses in Singapore
Singapore on Friday granted four firms including Ant Group and Grab the licenses to run digital banks in the Southeast Asian country, in a move that would allow tech giants to expand their financial services offerings. The nation’s central bank, Monetary Authority of Singapore (MAS), said it applied a “rigorous,…
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Nordigen introduces free European open banking API
Latvian fintech startup Nordigen is switching to a freemium model thanks to a free open banking API. Open banking was supposed to democratize access to banking information, but the company believes banking aggregation APIs from Tink or Plaid are too expensive. Instead, Nordigen thinks it can provide a free API…
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HMBradley raises $18.25 million planting a flag as LA’s entrant into the challenger bank business
With $90 million in deposits and $18.25 million in new financing, HMBradley is making moves as the Los Angeles-based entrant into the challenger bank competition. LA is home to a growing community of financial services startups and HMBradley is quickly taking its place among the leaders with a novel twist…
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N26 launches mid-tier subscription plan for €4.90 per month
Challenger bank N26 is adding a third subscription product called N26 Smart. N26 Smart is designed to be a mid-tier subscription plan with advanced banking features but without a travel insurance package. In Europe, in addition to the free plan, N26 already provides two subscription tiers called N26 You and…
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Daily Crunch: Roblox is going public
Roblox opens its books, Snap makes an acquisition and Pfizer and BioNTech seek regulatory approval for their vaccine. This your Daily Crunch for November 20, 2020. The big story: Roblox is going public The child-friendly gaming company filed confidentially to go public in October, but it only published its S-1…
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