Tag: digital banking
Consumer brand FinTech Ampla locks in $258m credit deal with top-tier...
Ampla, described as a foremost provider of financial solutions specifically tailored for consumer brands, has shared news of a significant financial milestone.
Nigerian BaaS provider Anchor secures $2.4m to boost product range
Anchor, a pioneering banking-as-a-service (BaaS) provider in Nigeria, has successfully secured significant financial backing.
JPMorgan boosts its stake in Brazilian FinTech C6 Bank to 46%
JPMorgan Chase & Co, the renowned financial behemoth, has raised its ownership in C6, a prominent Brazilian digital bank, from an initial 40% to a significant 46%.
Singaporean FinTech deal activity falls for the first time in past...
Key Singaporean FinTech investment stats in H1 2023:
• Singaporean FinTech companies raised a combined investment of $1034m in H1 2023, a 14% drop YoY
•...
Is authorised push payment fraud the biggest threat to FinTechs?
A recent whitepaper released by Resistant AI discussed why authorised push payment fraud (APP) is the greatest threat to FinTechs today.
Dutch FinTech leader bunq nets additional €44.5m in thriving growth year
Netherlands-based digital banking platform, bunq, continues to make financial headlines with its remarkable progress.
JPMorgan’s Chase set to disrupt European online banking landscape
JPMorgan (JPM.N) is set to broaden its horizons by introducing its online bank, Chase, to Germany and other countries within the European Union.
Monzo eyeing expansion with potential Lunar acquisition
As the digital banking landscape continues to evolve, British-based Monzo Bank has entered preliminary discussions about a potential acquisition of the Nordic lender, Lunar Group. This information was relayed by an anonymous source privy to the ongoing talks.
Jenius Bank pioneers personal loans as its initial product launch
Jenius Bank, the digital banking arm of Manufacturers Bank, a state chartered commercial bank based in California and wholly owned subsidiary of SMBC Americas, a member of the global powerhouse SMBC Group, has announced the release of its very first consumer product – personal loans.
Are customers craving a more human touch in digital banking?
A recent study by Foolproof has emphasised customers' desire for a more human interaction in their banking experiences.