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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
British student banking app Loot is close to sealing a £1 million ($1.41 million) seed funding round, nine months after its launch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
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. Get the Full Story Complete the form […]
July 07, 2017
Monzo, the U.K. challenger to traditional banks, has reportedly disabled card payments after having an issue with a supplier. Get the Full Story Complete the form to unlock this article...
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. Get the Full Story Complete the form to unlock...