Tag: Digital bank

Australian neobank Volt Bank has reportedly secured $48m in its Series C round as it sets its sights on listing on the Australian Securities Exchange later this year.

UK challenger bank Revolut is reportedly eying a new funding round which would value the business at $5bn (£3.85bn).

EpiFi, an Indian neobank, has reportedly raised $13.2m in its seed funding round as it gears up for the launch of its platform.

Bank Negara Malaysia has updated its licensing framework for digital banks and is planning on issuing up to five new licenses to qualified applicants.

NatWest has launched its new digital bank Bó, offering customers the ability to manage their daily spending, set budgets and goals, and track progress.

Banking platform for businesses and entrepreneurs Arival has raised more than £1.1m in a crowdfunding campaign.

Digital bank N26 has formed a partnership with scooter rental company Lime.

The Monetary Authority of Singapore (MAS) is looking to issue five new digital bank licenses, furthering its goal of adding more digital banks to the country.

Venture capital-backed digital bank Monzo has seen its valuation double to about £2bn in the wake of a new funding round.

Australian challenger bank Xinja has picked SAP SE to help power its digital bank mobile service.