German digital bank N26 today announced it has raised an additional $100 million in its Series D funding round. Overall, the highest valued Fintech firm to date has raised almost $800 million at a valuation of $3.5 billion. The Berlin-headquartered bank, founded in February 2013 by Valentin Stalf and Maximilian Tayenthal, now has 5 million […]
digital bank
The French Bank is Planning an Experimental Program on Central Bank Digital Currency
Several countries have already begun or finished testing their Central Bank Digital Currencies across the world. The French Central Bank has recently revealed that it is looking to test the CBDC for inter-bank settlements. The Central Bank has invited all interested parties to submit their applications. According to a document published by the Bank of […]
Revolut Becomes UK’s Most Valuable Fintech Startup, Officials Still Wary of CEO’s Kremlin Connections
The cryptocurrency industry has gone through multiple phases since the massive bull run of 2017. Since then, the industry has been hit with speculations, price drops then a renewed interest shown by institutional investors. Out of all the cryptocurrency companies out there, Revolut, based in the UK, has come out on top. The digital bank […]
RBS’s Digital Bank Bo Makes Strong Claims as Investors Raise Doubts
In the past month, major banks have taken drastic steps to save both reputation and fend off attacks from competitive markets. Alison Rose, the current head of the Royal Bank of Scotland, has said the New Year has brought with it a new set of challenges. The RBS honcho recently claimed that the bank needs […]