DeepL targets Taiwan, HK with new AI translation for Traditional Chinese

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DeepL, the Cologne-based AI translation unicorn, has added Traditional Chinese to its language portfolio, strategically expanding its presence in Asian markets. Since its launch in 2017, DeepL has emerged as Europe’s Google Translate rival. But unlike Google, the startup is primarily focusing on business customers. “Translation is really important for businesses,” Jarek Kutylowski, founder and […]

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Revolut wins UK banking license as neobanks take on the establishment

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Revolut has finally won a UK banking licence, intensifying the neobank threat to traditional finance. The breakthrough ends a painful wait for Europe’s most valuable fintech firm, which first applied for a licence in January 2021. Regulators were reportedly concerned about Revolut’s accounts, but politicians offered vocal support. Jeremy Hunt, the former chancellor, called the

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