Tag: Banking

StashFin, a neo banking platform based in Singapore, has extended its Series B round by $40m as it looks to capitalise on the potential $1trn neo banking market in South Asia.

Brazil-based Cora, which provides self-employed individuals with a digital banking platform, has scored $26.7m in its Series A round.

The European Banking Authority (EBA) updates its Implementing Technical Standards (ITS) with new internal approaches to benchmarking.

Mexican challenger bank Fondeadora has reportedly added an additional $14m to its Series A round.

A survey by Parliament Street Think Tank has found up to 66% of SMEs feel they have been let down by their banking provider during the Covid-19 crisis.

A report by cloud banking platform Mambu has found more than half of young Muslims would adopt Islamic banking if it was more accessible.

Israeli FinTech Rewire closed a $20m Series B funding round led by crowdfunding platform OurCrowd to expand its cross-border international banking service for migrant workers.

Austrian neobroker Bitpanda has partnered with FinTech Contis to issue a new multi-asset debit card.

Mobility Capital Finance (MoCaFi), a mobile-first banking platform, has secured an investment from Mastercard, as well as the start of a new partnership with the payments giant.

Geneva-based digital bank FlowBank has launched an app that connects users to the global financial markets with the aim to ease the investment process.