Tag: Digital bank

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.

A survey by data analytics company FICO has found up to 4% of UK consumers believe their identity has been stolen online.

Digital financial institution Rising Bank has expanded into the mortgage sector by offering financial solutions through its digital platform to aid homeowners with home loan options.

The Indian branch of venture capital firm Sequoia Capital has announced that it has raised $1.35bn in an effort to bolster its continuous investment...

Italian banking executives have raised €45m ($50.9m) in a bid to launch a digital bank in a country still dealing with the coronavirus fallout.

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.

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.