In the last 12 months, Revolut became the fastest-growing challenger bank in Europe. According to a recent report released by LearnBonds, the recognized challenger bank registered a growth of 3 million users compared to 2018.

Berlin-based mobile banking startup Number26 has raised $40 million in Series B funding. Horizons Ventures led the round with participation from other investors that included Battery Ventures, Valar Ventures, Earlybird Ventures and Redalpine Ventures.