Tag: banking license

European digital bank bunq, which recently declared a net profit of $57m in 2023, has reportedly raised $31m in new funding.

Key European FinTech investment stats in Q3 2023: · European FinTech deal activity reached 233 deals in Q3 2023, 56% drop YoY · European FinTech companies...

Peer-to-peer lending platform Zopa has received its full banking licence and will look to launch a new set of products, beginning with a fixed-term savings account.

The Monetary Authority of Singapore (MAS) has received 21 applications for digital bank licenses, as the regulator now beings its task of whittling it down to five.

Banking regulators from seven US states have agreed to streamline the way they license some financial technology companies.