Lots happening in open banking- Vyne shut down, Moneyhub shutting D2C app, TrueLayer CEO standing down as director of TrueLayer Limited while TrueLayer saying it now has over 10 million users.

Which banks came out top in current accounting switching war? Figures from the Current Account Switch Service reveal there were nearly 1.2m switches last year, with 309,290 in the last three months of the year.

Current account switching wars amongst UK banks.
Data since 2020 shows-
Starling picking up bronze medal
Monzo coming in at six
Chase at 10 (but with net losses)
www.thisismoney.co.uk/money/saving...

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The @tech.eu u 𝐒𝘂𝗺𝗺𝗶𝘁 is in London this March! Startups can pitch or attend for FREE. Apply today to connect with industry leaders!

tech.eu/2025/01/07/s...

Monzo takes its “mission into Europe in 2025” Monzo has spoken about its plans for an Irish-based EU hub, and Monzo job advertisements shed further light on its plans.

Monzo set to launch across EU next year
tech.eu/2024/12/10/m...

German unicorn Solaris takes "important step” to securing future as receives urgent funding Solaris is understood to today have secured fresh funding amid reports that it was running out of money and faced the prospect of being sold or even closure.

New-German unicorn Solaris is understood to have received last minute funding to secure its future, amid reports of it potentially closing.
tech.eu/2024/12/02/s...

Revolut and Monzo see spike in fraud complaints New data from UK complaints service, the Financial Ombudsman Service, shows a spike in fraud complaints against Revolut and Monzo.

New- Revolut and Monzo see spike in fraud complaints
tech.eu/2024/12/02/r...

Norrsken-backed green investment startup Grünfin closes saying “maybe we were ahead of time” Grünfin, a green investment platform, has shut down, and says it might have been ahead of its time.

Estonian green investment platform shuts, saying it might have been ahead of its time.
tech.eu/2024/11/27/n...

“Dozens left unpaid” after UK fintech advised by Conservative peers winds down UK money management app W1tty is closing but some of its former employees claim ex-staff members are owed money.

New- "Dozens left unpaid” after UK fintech advised by Conservative peers winds down
tech.eu/2024/11/20/d...

nice but looks bit rich

PayPal-backed Modulr snaps up first acquisition Modulr has acquired UK-based accounts payable fintech Nook and its boss says more acquisitions could follow.

PayPal-backed Modulr makes 1st ever aquisition
-Boss says more acquisitions could follow
-Boss says he expecs FCA notice restrictions to be lifted
- Says Modulr on way to making full year profit, no plans for fundraising
tech.eu/2024/11/19/p...

ta man

Revolut to go up against AJ Bell and Hargreaves Lansdown after receiving UK trading licence Revolut is set to offer UK and EU share trading and ETFs from next year, competing against the likes of AJ Bell and Freetrade.

Revolut to go up against AJ Bell and Hargreaves Lansdown after receiving UK trading licence
tech.eu/2024/11/18/r...

can i be added pls @simon-hunt.bsky.social? not sure if have qualifications. but if can be help. best JR