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Zopa, the UK neobank, snaps up $87M at a $1B+ valuation, eschewing the IPO route

5 December 2024 at 16:05

Some believe Klarna’s planned IPO in 2025 could set the stage for other fintech startups to go public. But with the tech IPO market still sluggish, one of the candidates hotly tipped to follow suit has instead just announced a fundraise, and its CEO says going public is β€œnot a priority.” Zopa, the U.K. neobank […]

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Revolut to launch mortgages, smart ATMs, and business credit products

22 November 2024 at 09:55

Revolut, the London-based fintech unicorn, shared a few items on the company’s 2025 roadmap at a corporate event in London on Friday. One of its main focuses for next year will be the introduction of an AI-enabled assistant to help its 50 million customers navigate the financial app, manage their money, and customize the software. […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

German fintech unicorn N26 just had its first profitable quarter

21 November 2024 at 09:48

Ten years after pitching onstage at TechCrunch Disrupt in London, fintech N26 has reported its first ever quarterly (pretax) profit. The challenger bank with millions of customers across Europe generated a net operating income of €2.8 million during the third quarter of 2024 (or $2.9 million at current exchange rates). This is an important milestone […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

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