Of FinTech and Banks: what is the future for financial services?

FinTech and Banks – friends or foes? During the last few years, companies in the FinTech sector have been consolidating their position as leaders in the digital disruption of the financial industry. For many, their strongly technological core and the innovation behind their solutions pose a fatal threat to traditional banking. For others, the success…

The FinTech startup Revolut is now officially a Unicorn

Revolut, one of the fastest-growing FinTech companies in the field of mobile banking, officially became a startup unicorn after raising $250 million in a Series C investment round led by the venture capital firm DST Global. Europe’s fastest-growing startup jumped from a $350 million to a 1.7 billion dollar valuation in only six months, overpassing…