Tag: Digital bank

Mal, an AI-native Islamic digital bank in development, has announced plans to launch as a mobile-first financial platform headquartered in Abu Dhabi, following a...

Mexican FinTech Plata, a digital banking platform, has raised $250m in a Series B funding round that doubles its valuation to $3.1bn. The round was...

Yup, a digital bank often referred to as the “Nubank of Southeast Asia”, has raised $32m in fresh funding as part of its C-1...

Monzo has reported a dramatic leap in profitability, with adjusted pre-tax profits reaching £113.9m for the financial year ending 31 March 2025—an eightfold increase from the previous year.

Zopa, the UK-based digital bank and FinTech lender, has raised £80m in Additional Tier 1 (AT1) capital to support its next phase of growth. The...

Europe's determination to introduce a digital euro is driven by the need to counter economic threats and reduce reliance on US-based payment firms, according to the ECB Chief Economist Philip Lane.

Key Singaporean FinTech investment stats in Q2 2024: FinTech deal activity in Singapore dropped by 50% in Q2 compared to the previous quarter as...

Monzo, the leading digital bank in the UK, has introduced a groundbreaking pension product aimed at simplifying the retirement savings process.

Turkish FinTech startup, Colendi, has successfully raised $65m in fresh funding.

Singaporean banking apps have seen a continued increase in downloads with 3.6m downloads in 2023, a 37% increase from 2022. Incumbents recorded the majority...