Banking

Monzo

Will the London Stock Exchange lose the Monzo IPO to New York?

Monzo is considering an initial public offering (IPO), but its management are split over whether it should happen in London or New York. The digital-first challenger bank is preparing to list on the stock market in the the near future, the Financial Times reported today. The firm’s CEO TS Anil favour listing in the US,

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Revolut Invest

Revolut adds in-app calls after criticism for scam response

Revolut has introduced in-app calls, allowing personal customers of the finance platform to contact members of its customer service team securely. This offers a secure method to call Revolut Customer Support, directly through the Revolut app, and represents a new security measure to help customers uncover impersonation scams. It also makes contact between customer support

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Revolut crowdfunders set to make profits

Crowdfunding wins big as Revolut backers in line for 40,000% profits

The first wave of crowdfunders who backed banking fintech Revolut could receive a payout worth 400 times their initial investment. Roughly 4000 users of crowdfunding platforms Republic and Crowdcube will have the opportunity to sell their stakes in the company for $865.42 per share, City AM reported earlier this week. In a letter to investors,

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Starling Bank Easy Saver

Starling Bank Easy Saver account launches paying a competitive 4% interest

Starling Bank has introduced a new Easy Saver account to its platform, aimed at providing a simple and seamless saving experience for its customers. The new Easy Saver account offers an interest rate of 4% AER on balances up to £1 million, with daily interest calculations and monthly payouts, which is very competitive with savings

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Business Loan Guide

Zopa partners with John Lewis Money to offer personal loans

Zopa Bank has partnered John Lewis Money to bring its personal loans to up to 23 million new customers. Under this new partnership, consumers are able to access Zopa Bank personal loans through the John Lewis Money website. It comes as John Lewis pursues a £100 million drive to quadruple its financial services business as

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Revolut Invest

Revolut fraud response comes under Panorama spotlight

Revolut has come under the spotlight over its response to customers being defrauded, following a BBC Panorama investigation which aired yesterday. Panorama interviewed a man named Jack who had £165,000 stolen from his Revolut business account, in which he held multiple different currencies. Jack was tricked into authorising payments to scammers impersonating the company. After realising

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TSB

Financial education app Doshi partners with TSB for school visits

TSB has partnered with financial education app Doshi to bring interactive lessons schools. The initiative is aimed at getting students aged between 13-18 to sign up to the financial education service. Over the next six months, TSB will be visiting schools to encourage students to use the Doshi app and complete short learning modules to

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