Sources say that annual staff turnover at N26 is significantly higher than the average high growth startup.
Monzo has received a full banking license from the Bank of England's Prudential Regulation Authority and the Financial Conduct Authority; the licensing follows new fundraising that meets the banking capital requirements; it now plans to launch a current account and a current account overdraft product. Source
Digital Identity is an aspect of CBDC design causing much debate. For some, it is the end of freedom, others dub that "unnecessarily alarmist."
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The list covers all industries, but includes the fastest growing financial services businesses in Europe; TransferWise came in at #24, reporting 3,392% revenue growth from 2013-2016; the company hired 670 people over the same time period. Source
Capify is a small business lender serving the UK and Australian markets; the company makes online merchant cash advances as...
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Buy now, pay later (BNPL) giant Klarna will start reporting data on customers' usage of its products to credit bureaus in the UK.