This week, we look at Betterment launching a bank account and payments feature. They are not the first, but they could be the best! Still, it feels like the world has moved on. Barriers to entry around digital finance have collapsed, and shifted industry goal posts. Hundreds of companies are integrating API-based solutions that connect to banking and investment entities. Amazon, Google, and Apple are there already. And let's not forget the incredible pressure from the COVID recession: 20MM+ unemployed, $100 billion decrease in global remittances, 1 in 8 banks being unprofitable. Is it time for incremental improvement, or a sea change?
According to new reporting by Sifted and Finance Forward N26’s exit from the UK was not due to Brexit but...
Monzo CEO Tom Blomfield sat down with Reuters to talk about the progress the digital bank has made and the...
Digital only banks Monzo, Starling Bank and Monese have all see some benefits from fellow digital bank N26 deciding to...
N26 is closing their operations in the UK due to Brexit; N26 customers will need to withdraw or transfer their...
N26 said they are furloughing 10 percent of their staff, cutting back on advertising spending and reconsidering their planned launch...
The leaders in the digital banking space in Europe are all looking to capitalize on the US market; however, the...
N26 announced last week that they were leaving the UK market due to Brexit and their customers have shown significant...
Yesterday N26 announced that they were ceasing operations in the UK citing Brexit as the reason; 200,000 N26 customers are...
Last week we reported that N26 crossed 5 million customers but we didn’t have insight into how their US business...