Revolut is set to launch âUltraâ, a new âtop-tierâ membership plan. Above the FinTechâs existing plans of Plus, Premium, and Metal, Ultra is targeted at a âgrowing consumer segment of ambitious, affluent individuals interested in a luxury lifestyleâ.
FSTech
Commerzbank sues EY over Wirecard fallout
Commerzbank has filed a case in Frankfurt court against EY over the â¬200 million in losses it incurred as a result of Wirecardâs downfall
FinTech Bolt âcuts 10%â of workforce
One-click checkout FinTech Bolt is reportedly cutting 50 roles, around 10 per cent of its workforce. US business publication The Information reports that the company has now culled more than half of its headcount since May 2022, with a source…
Milo launches crypto-backed loan
Milo, a US-based FinTech company, has launched a crypto loan allowing customers to borrow money against their cryptocurrency holdings.
Firms still behind on Consumer Duty planning, warns FCA
The Financial Conduct Authority (FCA) has warned that there are still some financial services firms behind on planning for the upcoming Consumer Duty.
