Digital Banking Weekly #40

💳 Leaked pictures reveal Google smart debit card to rival Apple Card 🔗 Read more

💰 Robinhood is closing in on a funding round worth between $200 million and $250 million, valuing the stock trading app at $8 billion 🔗 Read more

🇩🇪 German mobile investing pioneer Trade Republic has announced raising a €62 million Series B round led by Accel and Founders Fund 🔗 Read more

🦠 Commonwealth Bank announces rise in usage of its ‘Benefits finder’ due to Covid-19 🔗 Read more

🇩🇰 Danish challenger bank Lunar launches simplified trading platform for beginners 🔗 Read more

💳 Upgrade, a neobank that offers affordable and responsible credit to mainstream consumers, today launched its first contactless-enabled Upgrade Card 🔗 Read more

🇨🇦 Canada’s fintechs call on government to work with them on distributing Covid-19 loans 🔗 Read more

📱 Founded by former Virgin Money chief Jayne-Anne Gadhia, smart money app Snoop has brought forward its launch to help consumers and households better manage their finance 🔗 Read more

🇶🇦 Qatar Development Bank (QDB) announced the launch of the FinTech Incubator and Accelerator programmes 🔗 Read more

🇨🇳 Apple Pay Express Transit payments roll out to 275 cities across China 🔗 Read more

🇮🇳 Indian challenger bank Jupiter has raised $2 million in a venture round led by Hummingbird Ventures and Bedrock Capital 🔗 Read more

🇮🇱 First to receive a banking license in Israel in 40 years, the new fully digital bank has partnered with Tata Consultancy Services BaNCS 🔗 Read more

📚 Lloyds Bank to offer digital training and devices to customers over 70 years old 🔗 Read more

🇬🇧 Credit Kudos, a UK-based fintech using open banking to provide accurate credit scoring, has raised almost EUR 6 million in Series A funding 🔗 Read more

🤑 Stripe, the Silicon Valley-based payments platform, has raised $600 million in new funding, valuing it at nearly $36 billion 🔗 Read more

📉 Revolut’s staff have been told they can swap their pay for shares in the challenger bank in a bid to ride out the coronavirus storm 🔗 Read more

🌐 Swift has cancelled its annual banking and technology conference amid coronavirus pandemic 🔗 Read more

💸 Banco Santander has officially launched PagoFX in the UK, its new fintech which is set to rival low-cost international money transfer services such as TransferWise 🔗 Read more

🇬🇧 UK business banking platform Tide has launched its Coronavirus Government Support Eligibility Checker to help SME’s 🔗 Read more

🇸🇪 US payments company Mastercard held talks with Swedish fintech Tink late last year about a possible investment 🔗 Read more