Tag: Digital bank

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.

United Overseas Bank Limited (UOB) is launching a new digital bank for ASEAN’s growing mobile-focused and mobile only customers.

Brazil-based digital bank Neon has closed its Series A round on $22m.

Russia-based digital bank TalkBank has reportedly closed a $1m seed funding round from investors including IIDF.

Blockchain bank Bankera has raised around €25m in its pre-ICO round which saw the company sell 2.5bn of its BNK tokens at €0.01 each.