Back in 2005 Zopa quietly launched their P2P lending platform in the UK, the world’s first. It was the start...
Square CEO Jack Dorsey tells Fast Company that they are moving full speed ahead with their banking license; Dorsey was recently in New York to unveil Square Register, a hardware device; the company has been lending to merchants since 2014; SoFi recently withdrew their banking application following the scandal surrounding Mike Cagney; a timeline for the application is not known. Source
The new company called Vive just received their restricted banking license from the Bank of England; Vive plans to launch...
AltFi reports that since the middle of March, Revolut has lost eight top employees; the departures are unrelated to the...
Revolut is the latest company to apply for a European Banking License; their competitors Monzo and Starling Bank are already licensed; the company expects to have the license in the first half of 2018 which will allow it to offer deposit and credit services in certain markets. Source
The digital bank has applied for a US banking license and is also working to open an office in San...
Politicians in Lithuania are expressing concern about the expertise at their country’s central bank after Revolut secured their banking license...
Cryptocurrency exchange Coinbase and payments company Ivy Koin have met with FDIC officials in recent weeks to explore obtaining a...
SoFi has become the latest fintech to apply for a full national bank charter. They filed a de novo bank...
N26 is closing their operations in the UK due to Brexit; N26 customers will need to withdraw or transfer their...