Digital Banking Fintech San Francisco 
PYMNTS
AUGUST 11, 2020
With its losses mounting, the London-based digital bank may need to tap into its corporate reserves to keep up with its expansion plans. Revolut , one of the biggest players in the crowded financial technology (FinTech) sector, has yet to make a profit. The FinTech has since expanded to offer business banking.
PYMNTS
JULY 24, 2020
London startup mobile bank Revolut Ltd. The latest infusion of cash comes from TSG Consumer Partners , a San Francisco-based private equity company, TechCrunch reported. Revolut is also backed by Index Ventures, the global venture capital firm with dual headquarters in San Francisco and London, and a half dozen others.
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Bank Innovation
OCTOBER 18, 2017
EXLUSIVE – SME-focused digital bank Seed is nixing its monthly fee and will now be free for customers. The San Francisco-based fintech used to charge its customers $9 per month, but after conducting a survey, CEO Brian Merritt told Bank Innovation that he realized Seed could serve customers better by being free.
Bank Innovation
FEBRUARY 19, 2020
Level, a digital banking startup based in San Francisco Calif., The company, which launched its products nationally Wednesday, is coming into the market as fintech startups like Wealthfront, Betterment and Varo are touting high-yield savings accounts to vie for market share. is trying to hook customers with a 2.1%
PYMNTS
OCTOBER 12, 2020
European digital bank Revolut , the continent's largest such institution with 13 million users, is close to applying for a U.S. digital banking license, according to a report by CNBC. Revolut's bank charter will be with California, but it will allow the bank to operate anywhere in the U.S.,
Chris Skinner
AUGUST 20, 2019
Based in London, he was previously a Lex columnist in San Francisco. … The post Silicon Valley is eating the crumbs the banks’ left after lunch appeared first on Chris Skinner's blog. The article was written by Tom Braithwaite. Tom Braithwaite is the companies editor, managing the FT’s business coverage.
Bank Innovation
MAY 29, 2019
Fintech startup Plaid Inc. Founded in 2012, San Francisco-based Plaid helps customers and banks transmit data back and forth. is expanding its footprint into the U.K., a region it believes could eventually match the U.S. in terms of revenue, despite political uncertainty.
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