Tag: Banking

New research from FinTech Moka and OpinionWay has revealed that 65% of the French people between the ages of 18 and 35 are unhappy with old school banks' services.

Digital business bank Penta has collected €4m in a new funding round, adding to the €18.5m it raised in March for its Series B.

Ternio, which creates a banking application software for digital assets, has closed its first crowdfunding campaign on $1m.

Banks and financial services firms are driving the growth of the FinTech market towards being worth $305bn by 2025, according to new research.

From regulatory loops to jump through to massive competition, European challenger banks have many obstacle to overcome if they want to expand across the pond.

The Hydrogen Technology Corporation, which builds embedded finance and international payments software, has received an investment from EML Payments.

Financial software developer NYMBUS has closed its latest funding round on $12m, with the aim of increasing its market penetration.

Challenger banks had already started a revolution in digital banking, but with the coronavirus pushing these changes to become permanent it could mean that one in four European bank branches will be forced to close by 2023.

US neobank Aspiration has scored $135m in its Series C round to help it provide its customers with more financial products and services.

Treasury Prime, which builds APIs to help banks better integrate with new technology systems, has closed its Series A on $9m.