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Today we have some big industry updates from Europe. Let’s start with breaking news from Portugal where FinTech super-app Rauva is to acquire the bank Banco Empresas Montepio for around €30m, advancing its business solutions.

Good morning! Let’s start this news overview with news from London, where Monzo, Britain's digital bank valued at $4.5 billion, has unveiled an "Investments" feature, allowing users to invest with as little as £1.  Partnering with BlackRock, the platform provides users three investment options

Good morning! Let's start with some local FinTech news from Amsterdam where Payment Service Provider Mollie is entering an unfamiliar territory: restructuring.  For the first time in its existence, the FinTech giant is making cutbacks to its staff, signaling a shift from its erstwhile aggressive growth strategy. "

In just half a decade, the Revolut alumni ecosystem has pulled off an astonishing feat – it now boasts a collective funding haul of $2.2 billion, surpassing the very company where it all began.