# Digital Banks

Klarna cuts losses and sees “huge opportunity” in generative AI
News
August 31, 2023
Klarna cuts losses and sees “huge opportunity” in generative AI
The Swedish buy now, pay later unicorn has cut losses to €76m in the second quarter
Mimi Billing
N26’s longest-standing employee steps down
Interview
July 5, 2023
N26’s longest-standing employee steps down
Chief growth officer Alex Weber is stepping down to rest and reflect after 10 years at the German neobank
Miriam Partington
Fintechs are riding high on interest rate rises. Is it enough for success?
Analysis
July 4, 2023
Fintechs are riding high on interest rate rises. Is it enough for success?
The latest financials from the likes of Starling and Wise show that interest-driven revenues are soaring. But can this translate into sustainable growth?
Amy O'Brien
Monzo narrows losses slightly as lending book triples
News
May 31, 2023
Monzo narrows losses slightly as lending book triples
The UK digital bank’s doubled revenues were offset by its increased hedging against loan defaults
Amy O'Brien
Starling CEO Anne Boden to step down this summer, amid record profits
News
May 25, 2023
Starling CEO Anne Boden to step down this summer, amid record profits
The neobank recorded a £195m profit for the last financial year
Amy Lewin and Kabir Agarwal
What's at stake for Revolut if its UK banking licence isn't granted?
Analysis
May 22, 2023
What's at stake for Revolut if its UK banking licence isn't granted?
The neobank is set to meet with senior UK government ministers in the next couple of weeks
Amy O'Brien
Telegraph report: Bank of England plans to reject Revolut’s banking licence application
News
May 18, 2023
Telegraph report: Bank of England plans to reject Revolut’s banking licence application
The bank applied for a UK licence in 2021
Sifted reporters
It’s not just the CFO who’s quit: Meet the people left with power at Revolut
Analysis
May 16, 2023
It’s not just the CFO who’s quit: Meet the people left with power at Revolut
Since the CFO resigned last week, Sifted's identified two more senior leaders who have left the neobank. Find out who's still at the top table
Amy O'Brien
Revolut CFO quits for ‘personal reasons’
News
May 11, 2023
Revolut CFO quits for ‘personal reasons’
Mikko Salovaara joined as the neobank applied for a UK banking licence two years ago
Amy O'Brien
Ex-Mambu CTO's new startup raises seed round to help banks cut tech hires
News
April 25, 2023
Ex-Mambu CTO's new startup raises seed round to help banks cut tech hires
Solo founder Ben Goldin is a European fintech veteran — here's where he's placing his next bet
Amy O'Brien
Is Revolut really worth $33bn right now?
Analysis
March 21, 2023
Is Revolut really worth $33bn right now?
Banking stocks are in freefall and Stripe’s valuation is down by half. So does Revolut’s $33bn price tag stack up anymore?
Amy O'Brien
SVB: Why did so many UK startups only have one bank account?
Analysis
March 16, 2023
SVB: Why did so many UK startups only have one bank account?
A third of UK startups used SVB as their only bank account, according to one survey
Amy O'Brien and Tim Smith
Brunch with Sujata Bhatia: The woman helping Monzo grow up
Interview
March 7, 2023
Brunch with Sujata Bhatia: The woman helping Monzo grow up
Bhatia left her corporate career for the neobank as it struggled with eye-watering losses. Two years later, she’s helped turn its performance around
Amy O'Brien
Revolut reports its first-ever year of profit
News
March 1, 2023
Revolut reports its first-ever year of profit
Revolut finally released its 2021 annual results after delaying them for months, and posted almost triple revenues that meant it swung to its first-ever profit
Amy O'Brien
Scammers ‘targeting neobank customers’ in the UK as fraud rates soar
Analysis
November 28, 2022
Scammers ‘targeting neobank customers’ in the UK as fraud rates soar
Official data shows that fraud complaints about neobanks are increasing more quickly than customer acquisition
Tim Smith and Amy O'Brien
Revolut’s Storonsky says it can still fundraise if it wants to speed up expansion
Interview
November 3, 2022
Revolut’s Storonsky says it can still fundraise if it wants to speed up expansion
The CEO of the $33bn fintech said reports of two to three years’ runway were "completely wrong" and he would tap investors for fresh cash if he wanted to
Amy O'Brien
GoHenry raises $55m after its losses balloon 20-fold
News
October 13, 2022
GoHenry raises $55m after its losses balloon 20-fold
After splashing cash on customer acquisition in the US and UK, the neobank says it’s now chasing profitability — but is still launching in new European markets.
Amy O'Brien
N26’s losses widen after compliance spending push
News
October 11, 2022
N26’s losses widen after compliance spending push
The German challenger bank has continued hiring this year, and ramped up its spending on regulatory compliance and fraud prevention
Amy O'Brien
In Turkey, market volatility is nothing new. Here’s what other fintech leaders can learn
Opinion
August 24, 2022
In Turkey, market volatility is nothing new. Here’s what other fintech leaders can learn
As Turkey’s largest neobank, we like to think we’re more than well-versed in traversing tricky market conditions.
Ahmed Karsli
French business bank unicorn Qonto buys German competitor Penta
News
July 22, 2022
French business bank unicorn Qonto buys German competitor Penta
It’s part of a drive to become the number one small business bank in Germany
Amy Lewin
Starling posts first annual profit as revenues rise 93%
News
July 21, 2022
Starling posts first annual profit as revenues rise 93%
The bank has been profitable every month since October 2020.
Eleanor Warnock
‘N26 isn’t for everyone’: CEO Valentin Stalf addresses neobank's culture struggles
Interview
June 13, 2022
‘N26 isn’t for everyone’: CEO Valentin Stalf addresses neobank's culture struggles
In a rare interview, the N26 CEO and cofounder addressed the $9bn German fintech’s plan to deal with its internal blind spots, as well as its struggles with compliance
Amy O'Brien
Why payroll is ripe for open banking disruption
Interview
April 13, 2022
Why payroll is ripe for open banking disruption
“You click the button, you connect your bank and it’s done"
Sponsored by: Comma
The state of open banking in Europe — in 4 charts
Analysis
April 5, 2022
The state of open banking in Europe — in 4 charts
Financial flop or banking bop? Where open banking really stands in Europe
In partnership with: Nordigen

# Digital Banks

Klarna cuts losses and sees “huge opportunity” in generative AI

N26’s longest-standing employee steps down

Fintechs are riding high on interest rate rises. Is it enough for success?

Monzo narrows losses slightly as lending book triples

Starling CEO Anne Boden to step down this summer, amid record profits

What's at stake for Revolut if its UK banking licence isn't granted?

Telegraph report: Bank of England plans to reject Revolut’s banking licence application

It’s not just the CFO who’s quit: Meet the people left with power at Revolut

Revolut CFO quits for ‘personal reasons’

Ex-Mambu CTO's new startup raises seed round to help banks cut tech hires

Is Revolut really worth $33bn right now?

SVB: Why did so many UK startups only have one bank account?

Brunch with Sujata Bhatia: The woman helping Monzo grow up

Revolut reports its first-ever year of profit

Scammers ‘targeting neobank customers’ in the UK as fraud rates soar

Revolut’s Storonsky says it can still fundraise if it wants to speed up expansion

GoHenry raises $55m after its losses balloon 20-fold

N26’s losses widen after compliance spending push

In Turkey, market volatility is nothing new. Here’s what other fintech leaders can learn

French business bank unicorn Qonto buys German competitor Penta

Starling posts first annual profit as revenues rise 93%

‘N26 isn’t for everyone’: CEO Valentin Stalf addresses neobank's culture struggles

Why payroll is ripe for open banking disruption

The state of open banking in Europe — in 4 charts