Six months after its initial launch, Monzo Business has reached the milestone of 50,000 customers. London based digital bank, Monzo announced yesterday that it had reached the milestone of 50,000 Monzo Business users, just six months after the launch of the business accounts. Business banking with Monzo can be done…

Lombard International Assurance has announced it will be partnering with Accenture to conduct a first of its kind review of the wealth assurance industry. Luxembourg-based Lombard International Assurance is a wealth and succession planning solutions for high net worth individuals, families and institutions and is a European leader in the…

After a recent $650mn investment, Swedish payments company, Klarna has been freshly valuated at over $10bn. Stockholm-based Klarna is a fintech that provides interest-free payment solutions for consumers buying from online retail shops. …

Zurich Insurance Group has announced it will be launching digital health and wellbeing proposition LiveWell to Spain. Switzerland-based Zurich Insurance Group has announced the launch of its digital solution, LiveWell in Europe, starting with Spain. Livewell offers life insurance with premium reductions for embracing a healthy lifestyle and on-demand wellness…

Tech Nation has today announced the Fintech Pledge, an initiative that highlights the role fintech will play to aid the UK’s COVID-19 economic recovery. Tech Nation, a growth platform for technology companies and leaders, announced today the launch of the Fintech Pledge, an initiative backed by HM Treasury and the…

Banco Santander today announced the launch of its new autonomously managed venture capital fund focused on fintechs. Spanish multinational banking giant, Banco Santander today announced the launch of Mouro Capital, an autonomously managed venture capital fund aimed at fintechs and similar financial services companies. …

Starling Bank has announced the launch of its new children’s debit card today, in time with schools beginning to reopen in the UK. Leading UK-based challenger bank, Starling announced in a press release today that it will be launching Starling Kite, debit card for children aged 6–16 with the freedom…

Digital bank Monzo recently notified customers that two new fees will be introduced, but they won’t be affecting everyone. Monzo Bank recently announced on its blog that it will be introducing two new fees but according to the challenger bank, 79% of customers will not be affected by the changes…

As the coronavirus pandemic begins to slow, we are left wondering what the longer-term impacts of it will be, could a cashless society be one of them? COVID-19 has changed society as we know it over just a few months — working from home, social distancing, masks and countries across…