Tag: Digital bank

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...

In a significant development within the FinTech sector, the digital bank Monzo is reportedly on the verge of enhancing its financial and global stature through a strategic stake sale.

Key Singaporen FinTech investment stats in Q3 2023 • Singapore’s FinTech deal activity reached 25 transactions in Q3 2023, a 59% drop YoY • FinTech capital...

Finnish FinTech company Saldo, a provider of loans to consumers and SMEs, is now poised to enter the banking services arena in Finland.

Denmark's 100% digital bank, Lunar, has decided to offer positive interest rates on all types of accounts without any demands for tying up the funds.

Varo Bank, the first all-digital, nationally chartered consumer digital bank in the US, has named Wook Chung as its chief product officer.

 UAE-based digital bank YAP has reportedly collected $41m in fresh funding, with plans to expand into Saudi Arabia.

German digital bank N26 has reached a $9bn valuation, following the close of a $900m investment round, which it claims to be the largest financing of a digital bank in Europe.

Nigeran bank Polaris has boosted its digital presence with the launch of VULTe, its new digital bank.