Starling Bank introduces new fees after doubling its losses in the last year
Starling Bank is "really sorry" if customers are unhappy with its new fees, introduced just weeks after the neobank revealed its losses had doubled in the last year.
Cashaa Technologies said to raise $5m in its seed round
Cashaa Technologies, a UK-based cryptocurrency banking app, has reportedly raised $5m in a funding round to support its expansion in India.
Robinhood could be facing $10m fraud fine for failing to properly disclose revenue
Stocktrading platform Robinhood could reportedly be facing a $10m fraud fine for failing to properly disclose revenue, pending the outcomes of an ongoing Securities and Exchange Commission probe.
Jiko becomes the first FinTech startup to purchase a US-regulated bank
FinTech startup Jiko has acquired Mid Central National Bank in a deal that is the first of its kind.
Tandem scraps its credit card and suffers down round whilst eyeing new home financial...
UK challenger bank Tandem is getting rid of its credit card line since it proved too costly and will now pivot towards homeowner financing after potentially having suffered a down round.
Nubank raises $300m in new funding round
Brazilian challenger bank Nubank has reportedly raised $300m in new funds, according to a filing with the U.S. Securities and Exchange Commission.
Chime takes advantage of hot challenger bank appetite with new $200m fundraise
Digital banking platform Chime has raised up to $200m in a new funding round, according to a new US Securities and Exchange Commission filing.
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.
Varo Money has saved $100m for its customers in the last year and throws...
Hot on the heels of its $241m Series D round in June, Varo Money now claims that it has saved customers more than $100m in overdraft fees during the past year and takes a shot at traditional banks in the process.
AlphaPoint collects $5.6m in funding round
AlphaPoint, a platform helping organisations tokenize assets and build marketplaces, has collected $5.6m in funding.
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