Tag: neobank
Bunq adds donations to charities and tests redesign
Challenger bank Bunq is adding a new feature that lets you donate to charities directly from the app. In addition to that, Bunq is also in the process of redesigning its app. The company is launching a public beta test to get feedback from its users. Other fintech startups, such…
Read More
Fintech startups amass war chests for the economic downturn
Consumer fintech startups were massively successful in 2019, attracting millions of new users and disrupting traditional retail banks and financial services with mobile-first, consumer-oriented products. Despite the economic downturn in public markets and the massive wave of cuts at public and private companies in recent weeks, fintech startups have been…
Read More
N26 raises another $100 million in Series D extension
Fintech startup N26 now has a proper funding war chest to face the economic downturn. The Berlin-based startup has extended its Series D round with another $100 million of funding at the same valuation of $3.5 billion. In total, N26 has raised $570 million as part of its Series D…
Read More
Bunq lets you create joint accounts with non-Bunq Premium users
Challenger bank Bunq has revamped joint accounts to give you more flexibility. If you’re a premium users (ie not just a Bunq Travel customer), you can create a sub-account with someone else who’s not a premium user for €2.99 per month. Bunq also lets you create multiple sub-accounts, meaning that…
Read More
Revolut launches its neobank in the US
European fintech startup Revolut is launching its app and service in the U.S. Starting today, anybody can sign up and get a Revolut debit card. In the U.S., Revolut has partnered with Metropolitan Commercial Bank for the banking infrastructure — deposits are FDIC insured up to $250,000. In just a…
Read More
Revolut launches Revolut Junior to help you manage allowance
Revolut is introducing a new product specifically targeted toward kids aged 7-17 years old — Revolut Junior. Revolut Junior is a new app and service that integrates directly with the main Revolut app on the parent’s side. Parents or legal gardians who are also Revolut users can create a Revolut Junior…
Read More