Tag: Challenger bank

bunq makes it easier for users to donate to charities such...

On the back of its customer feedback, Dutch challenger bank bunq has unveiled a new feature that makes it easier for users and their friends to donate to causes they care about.

Neobank indó taps Enfuce to ensure it can launch Iceland’s first...

Icelandic challenger bank indó has inked a partnership with open banking and payments startup Enfuce, ensuring it can rely on the Finnish venture's compliance...

Neobank bunq pledges to plant one million trees by February 2021

European challenger bank bunq was set up in 2012 to rebuild trust in the banking sector after the Great Recession. Now, the FinTech is building on that with a new green promise.

Railsbank names Aspire as its first SME-focused challenger bank customer in...

UK-headquartered open banking platform Railsbank has revealed that that Singapore-based Aspire has become the first SME-focused challenger bank in South-East Asia to use its Singapore dollar bank accounts.

illimitybank.com is introducing a solution that makes it possible to make...

Italian illimitybank.com, the illimity Group’s digital direct bank, is introducing a Payment Initiation Service (PIS), a system which enables customers to make payments from accounts of other banks consolidated on its platform.

Starling Bank closes £40m in funding, just months after its former...

UK challenger bank Starling Bank, has secured a further £40m in funding, just months after raising £60m.

OakNorth rumoured to be working on a $300m secondary offering of...

UK challenger bank OakNorth is reportedly in the process of preparing a secondary offering to enable investors to cash in on their holdings, according to Sky News.

FinTech veterans to bring neobank JinglePay to the Middle East

Dubai-based Jingle Pay is a new challenger bank that has announced plans to change the banking world for millennials in the Middle East.

Environmentally friendly-focused neobank Aspiration closes $135m Series C

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

Monzo CEO steps down to become company president

Tom Blomfield has swapped his CEO title for a president role at Monzo as the challenger bank is dealing with COVID-19 fallout.

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