Chime runs 60% of the US digital banking market
Revolut, N26 and Monzo might have entered the US over the years to some extent, but Chime is still dominating the country’s digital bank market.
Empower raises $20m Series A as challenger bank market continues to ripen
US challenger bank Empower has collected $20m in its Series A round as the appetite for digital banks continues to rise.
Vise scores $14.5m in its Series A round to boost product development
Vise, an AI-backed investment management platform, has scored $14.5m in its Series A round which was led by Sequoia Capital.
Millennials are better at saving money than baby boomers, data suggests
In a bid to be in control and manage their finances, almost one in three millennials use online tools to track spending and budget their finances, new study from Zip said.
Stox nabs $30m in ICO which lasts two days
Financial data provider Stox.com has raised $30m in its ICO after just two days raising and makes it the ninth biggest ICO to date.
Gen-Z and millennial investing app FinTron scores Series A
Personal finance and investment app FinTron has scored $6.5m in its Series A funding round, as it looks to democratise personal finance for the mobile-first generation.
What is the difference between onshore and offshore renminbi?
With China now being the world’s second largest economy, the renminbi has become a currency of great interest and value. What are the differences between onshore and offshore renminbi?
Digital bank TBC Bank goes live with Capital Banking Solutions’ open platform in Uzbekistan
TBC Bank goes live in Uzbekistan, powered by Capital Banking Solutions's integrated banking software solutions CapitalBanker and CapitalConnect.
Tribe, ClearBank partner to bolster banking access for FinTech companies
Tribe Payments has teamed with ClearBank to leverage the latter’s banking-as-a-service platform to help provide Tribe’s customers with improved access to payment schemes.
Close to half of all transactions expected to contactless by end of 2022
A report by VoucherCodes has found 47% of all transactions are expected to be contactless by the end of 2022.