Once again fintech firms and challenger banks are hit with card payment issues

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There have been another problematic 24 hours for fintech firms and challenger banks after being hit with a slew of card payments issues.

No excuses from Revolut after server issues


The last 24 hours for payments start-up Revolut haven’t been kind after its services went down due to a server failure. Not only was it painful for the engineers working to ensure the services are back up, but also painful to the customers who at the time couldn’t access their accounts. Revolut CEO, Nikolay Storonsky, […]

Banking Technology September 2017 issue out now

Banking Technology September 2017

Welcome to fintech central! Good service operating on all lines. The latest edition of our flagship magazine – Banking Technology – is out now, packed with news, analysis and insights, case studies, research and expert commentary.

The Monday mindset: 14 August 2017

Now a banker

Fintech zeitgeist! This week, Banking Technology’s editor Tanya Andreasyan muses about the growing trend of celebrity endorsement in the fintech world.

Fintech funding round-up: 25 July 2017

Good ideas can bring good money

Whether you call it dinero or dough, the fintech funding does flow! This latest round-up features Revolut, Constellation Digital Partners, Paytm, Mobiquest Mobile Technologies and Wesleyan Bank. Following on from the $66 million raised in a Series B round, UK-based payments start-up Revolut is looking for an additional £4 million in exchange for shares in […]

Fintech funding round-up: 13 July 2017

Good ideas can bring good money

And the money keeps rolling in for fintech! Features Revolut, Curve, Pixoneye and Gridspace. Banking Technology’s sister publication Paybefore reports. UK challenger bank Revolut announced a $66 million investment from Index Ventures, Balderton Capital and Ribbit Capital, which the company will use to introduce new features and expand globally, starting with Asia and North America. […]

Card payments problems bring down the fintech house

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A whole swathe of fintech firms and challenger banks have been hit by tech issues – with card payments failing. The names include mobile-only challenger bank Monzo, Revolut, Starling Bank, Curve and payments start-up Fire. The problem is understood to be due to provider Global Processing Services (GPS), which as usual offers no updates on […]

Fintech funding round-up: 30 June 2017

Funding concept with smartphone

A handy round-up of who’s investing in what in the fintech space. Featuring Revolut, Tango Card and ClauseMatch.

Top fintech stories this week – 16 June 2017

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Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

Revolut launches multi-currency service across Europe

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UK-based payments start-up Revolut has unveiled its new business service across Europe for multi-currency accounts, transferring money and corporate cards. Called Revolut for Business, it will enable companies to hold, exchange and transfer in 25 currencies with the interbank exchange rate, issue employees with corporate cards for “global fee-free spending” and manage their transactional activity […]