Mobile Only Bank news and trends

N26 Has $2.7B Valuation After Latest Funding Round
Digital Banking // January 10, 2019

N26, the European mobile bank operator, announced Thursday (January 10) that it has raised $300 million in venture funding, led by Insight Venture Partners. In a press release, N26 said that with the Series D round of funding, it has a valuation of $2.7 billion. Other investors who participated...

Starling Launches Bank Account For 16- And 17-Year-Olds
Banking // August 30, 2018

Starling Bank, the mobile-only bank, announced on Thursday (Aug. 30) it rolled out current accounts for 16- and 17-year-olds. In a press release, Starling Bank said the accounts will have the same functionality of a full current account, enabling young people to manage money and...

Quick Reads
Revolut FinTech Gets Twice The Complaints Of Rival Monzo

May 27, 2019
Revolut, the U.K. FinTech, has more than double the complaints from customers that rival Monzo received during the years between 2015 and 2018. The Financial Times, citing the Financial Ombudsman Service, said it received 171 customer service claims from consumers in the U.K. between the start of 2015 and the end of 2018. Monzo had […]

N26 Has $2.7B Valuation After Latest Funding Round

January 10, 2019
N26, the European mobile bank operator, announced Thursday (January 10) that it has raised $300 million in venture funding, led by Insight Venture Partners. In a press release, N26 said that with...

Starling Launches Bank Account For 16- And 17-Year-Olds

August 30, 2018
Starling Bank, the mobile-only bank, announced on Thursday (Aug. 30) it rolled out current accounts for 16- and 17-year-olds. In a press release, Starling Bank said the accounts will have...