# Fintech

The latest news and analysis on Europe’s fintech startups, including consumer finance, cryptocurrency, digital banks and payments.

German fintech unicorn Trade Republic is granted a full EU banking licence
News
December 6, 2023
German fintech unicorn Trade Republic is granted a full EU banking licence
The licence will allow the fintech to hold customer deposits, making it less reliant on revenue from payment for order flow
Amy O'Brien
Revolut overtakes N26 and Klarna in spawning alumni founders
Analysis
December 6, 2023
Revolut overtakes N26 and Klarna in spawning alumni founders
A growing number of employees that cut their teeth at Europe’s first generation of fintech unicorns are seizing the downturn as a time to spin out on their own
Amy O'Brien
Robinhood makes second foray into Europe with UK launch
News
November 30, 2023
Robinhood makes second foray into Europe with UK launch
The stock trading app aborted its first attempt to launch in the UK back in 2020
Amy O'Brien
N26 reports growth in revenue and accelerated losses after ongoing battle with regulators
News
November 29, 2023
N26 reports growth in revenue and accelerated losses after ongoing battle with regulators
The digital bank is forecasting a 30% increase in revenue in 2023, and wants to reach profitability for the first time next year
Miriam Partington and Amy O'Brien
Luko placed in receivership as investors grow wary of insurtech
News
November 24, 2023
Luko placed in receivership as investors grow wary of insurtech
Incumbent insurer Admiral pulled out of a €14m deal to acquire Luko after fresh audits of its business
Amy O'Brien
Inside Generali’s move into tech investing
News
November 22, 2023
Inside Generali’s move into tech investing
Italian insurer Generali has invested in Speedinvest, Dawn Capital and Mundi Ventures, and has its eye on more direct investing in future
Amy O'Brien
Luko nears new rescue deal after Admiral drops acquisition
News
November 15, 2023
Luko nears new rescue deal after Admiral drops acquisition
The Accel-backed insurtech is on the cusp of finding a new buyer after Admiral pulled out of its planned acquisition a fortnight ago
Amy O'Brien
Revolut’s interim CFO revealed, as search for Group CFO continues
News
November 7, 2023
Revolut’s interim CFO revealed, as search for Group CFO continues
Victor Stinga is signing off the group’s next set of accounts, which are due to be filed by the end of the year
Amy O'Brien
Regulators are cracking down on banking software startups. That's bad news for Europe's fintechs
Analysis
November 7, 2023
Regulators are cracking down on banking software startups. That's bad news for Europe's fintechs
It’s not lack of funding that’s keeping fintech CEOs awake at night, it’s their software providers
Amy O'Brien
Klarna reports first quarterly profit in four years
News
November 6, 2023
Klarna reports first quarterly profit in four years
It comes as the fintech sets up a UK holding company in preparation for an IPO
Amy O'Brien
Why the world’s largest asset manager wants to work with European fintechs like Monzo
Interview
November 6, 2023
Why the world’s largest asset manager wants to work with European fintechs like Monzo
The world’s largest asset manager wants to tap into the continent’s fast-growing market of first-time investors
Amy O'Brien
Revolut hires ex-Molo CEO Francesca Carlesi as new UK banking chief
News
November 2, 2023
Revolut hires ex-Molo CEO Francesca Carlesi as new UK banking chief
Carlesi will take the helm this December at the entity that’s still awaiting a banking licence
Amy O'Brien
The people with power at Trade Republic
Analysis
November 2, 2023
The people with power at Trade Republic
The German fintech unicorn is notoriously discreet when it comes to its internal workings. So we’ve mapped out who holds the power at the digital broker
Miriam Partington and Amy O'Brien
More unions sign up to Klarna strike on Nov 7
News
October 31, 2023
More unions sign up to Klarna strike on Nov 7
A union representative at Klarna says, “People are afraid of striking”
Mimi Billing
Klarna transfers another 500 jobs globally to Foundever and Accenture
News
October 27, 2023
Klarna transfers another 500 jobs globally to Foundever and Accenture
Sources tell Sifted about the second round of outsourcing at Klarna — this time globally
Mimi Billing
Klarna faces strike action in Sweden over refusal to negotiate with unions
News
October 26, 2023
Klarna faces strike action in Sweden over refusal to negotiate with unions
After eight months of negotiating a collective agreement – the unions have had enough
Mimi Billing
Is this the only European fintech that’s cracked the US?
Analysis
October 26, 2023
Is this the only European fintech that’s cracked the US?
European consumer fintechs’ attempts to conquer the US have ended badly. Is Cleo AI the first UK fintech to buck this trend?
Amy O'Brien
Fintech and spacetech: Inside Scotland's growing scaleup ecosystem
Analysis
October 23, 2023
Fintech and spacetech: Inside Scotland's growing scaleup ecosystem
We looked into what makes Scotland attractive to investors
Sponsored by: Invest2Scale
This Australian founder wants to build the UK’s first superapp
Interview
October 19, 2023
This Australian founder wants to build the UK’s first superapp
“Everyone has been waiting for the fintech superapp. Well, it has come from an employment platform,” Employment Hero cofounder Ben Thompson tells Sifted
Orlando Crowcroft
Payments fintech Modulr agrees with regulator to stop onboarding new customers
News
October 16, 2023
Payments fintech Modulr agrees with regulator to stop onboarding new customers
The PayPal Ventures-backed embedded payments provider says it’s working with the UK financial regulator on its “systems and processes”
Amy O'Brien
Milan’s BonusX raises €3.2m to take on Italy’s benefits bureaucracy
News
October 11, 2023
Milan’s BonusX raises €3.2m to take on Italy’s benefits bureaucracy
Growing up in Naples, BonusX’s cofounders saw how the complexity of making benefits and tax claims in Italy was making people poorer
Amy O'Brien
Monzo hires new US CEO for second shot at the market — and rules out crypto
News
October 4, 2023
Monzo hires new US CEO for second shot at the market — and rules out crypto
Cracking the US market has proved mission impossible for European fintechs so far — but the neobank is bullish on its second attempt
Sadia Nowshin and Amy O'Brien
Europe’s most active early-stage fintech investors have drastically cut dealmaking
Analysis
September 26, 2023
Europe’s most active early-stage fintech investors have drastically cut dealmaking
Europe’s early-stage fintech VCs have been much more cautious this year than last, as the deal slowdown weighs on the entire sector
Amy O'Brien
Selling SVB to HSBC was the wrong decision for UK startups, says OakNorth CEO
Interview
September 21, 2023
Selling SVB to HSBC was the wrong decision for UK startups, says OakNorth CEO
The CEO of one of Europe’s rare profitable unicorns says the bank is too big to support high growth companies as well as an OakNorth-SVB tie-up would have
Amy O'Brien

# Fintech

German fintech unicorn Trade Republic is granted a full EU banking licence

Revolut overtakes N26 and Klarna in spawning alumni founders

Robinhood makes second foray into Europe with UK launch

N26 reports growth in revenue and accelerated losses after ongoing battle with regulators

Luko placed in receivership as investors grow wary of insurtech

Inside Generali’s move into tech investing

Luko nears new rescue deal after Admiral drops acquisition

Revolut’s interim CFO revealed, as search for Group CFO continues

Regulators are cracking down on banking software startups. That's bad news for Europe's fintechs

Klarna reports first quarterly profit in four years

Why the world’s largest asset manager wants to work with European fintechs like Monzo

Revolut hires ex-Molo CEO Francesca Carlesi as new UK banking chief

The people with power at Trade Republic

More unions sign up to Klarna strike on Nov 7

Klarna transfers another 500 jobs globally to Foundever and Accenture

Klarna faces strike action in Sweden over refusal to negotiate with unions

Is this the only European fintech that’s cracked the US?

Fintech and spacetech: Inside Scotland's growing scaleup ecosystem

This Australian founder wants to build the UK’s first superapp

Payments fintech Modulr agrees with regulator to stop onboarding new customers

Milan’s BonusX raises €3.2m to take on Italy’s benefits bureaucracy

Monzo hires new US CEO for second shot at the market — and rules out crypto

Europe’s most active early-stage fintech investors have drastically cut dealmaking

Selling SVB to HSBC was the wrong decision for UK startups, says OakNorth CEO