Danish challenger bank Lunar has raised a €40m Series C round and is planning to go into the buy now, pay later market. Nordic neobanking is having a bit of a moment. After having seen the UK steam ahead with the launch of challenger banks like Revolut and Starling Bank, Germany see the rise of…
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LHV Group will found a new bank in the UK.
AS LHV Group decided to commence operations to establish a bank in the United Kingdom to clearly separate AS LHV Pank’s current business activities in Estonia and in the United Kingdom. Until now, LHV has operated in the UK through a branch. Separating the business activities allows for better compliance with regulatory and supervisory requirements.…
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Greek Fintech Viva Wallet Plans Raising €500 Million
Viva Wallet, a Greek payments startup, is considering raising €500 million (over $592.4 million) in a fresh funding round to support its digital banking operations, Reuters reported last week. This came only eight months after the startup received a banking license with its merger with Praxia Bank. Though the deal was signed in January, it received a…
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Payments Platform Wirex Launches Waitlist for Revolutionary Multicurrency Mastercard Card
Leading payments company Wirex have launched the waitlist for their highly-anticipated Wirex multicurrency card, taking them one step closer to becoming the ultimate cryptocurrency platform. The move comes following the announcement of a product overhaul, with the launch of a Mastercard-enabled card heralding a number of game-changing product updates that will change the alternative payments space forever. Just…
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