When businesses get sold, the deals can happen for a variety of reasons. The buyers can be strategic, looking for technology or staff to help them get to the next level. The reasons may be financial — and every so often, owners look to sell...
Monzo, the U.K. challenger to traditional banks, has reportedly disabled card payments after having an issue with a supplier. According to a report in Finextra, the problem happened earlier Thursday (July 6), with transactions being declined and customers seeing incorrect balances. “One of our suppliers...
British student banking app Loot is close to sealing a £1 million ($1.41 million) seed funding round, nine months after its launch. The app, which works in association with a prepaid Visa debit card linked to a Loot account, exclusively targets students, who often struggle to manage...
June 17, 2019
After financial startup Loot reportedly went into administration in May, Loot Founder Ollie Purdue is reportedly becoming a part of a digital bank being developed by RBS-owned Natwest called Bó. Purdue is said to lead product development for the brand and become chief product officer, according to reports. Purdue is also said to report to […]
July 07, 2017
Monzo, the U.K. challenger to traditional banks, has reportedly disabled card payments after having an issue with a supplier. According to a report in Finextra, the problem happened earlier Thursday...
April 11, 2016
British student banking app Loot is close to sealing a £1 million ($1.41 million) seed funding round, nine months after its launch. The app, which works in association with a prepaid Visa...
