Tag: Mobile Banking

WealthTech startup Wellthi has secured funding from Virginia Venture Partners, the equity investment arm of the Virginia Innovation Partnership Corporation (VIPC). 

Greenwood, a digital banking platform focused on serving Black and Latinx communities, has acquired Kinly, a mobile banking platform, in a move that brings together two of the largest Black-owned FinTechs. The terms of the deal were not disclosed.

A OneSpan blogpost has underlined how financial institutions (FIs) can compete in the mobile banking sector following the shifts brought about by the Covid-19 pandemic.

Nigeria-based Fundall, a mobile banking platform, has closed its pre-seed funding round on $150,000 to support its launch.

illimity Bank and Fabrick have entered an agreement to the shared ownership of open banking platform HYPE Money.

Fraud is on the rise and part of it is due to the growing adoption of mobile banking, according to a new report from Advanced Fraud Solutions (AFS).

Walrus is a mobile banking app aimed at teenagers and it has reportedly closed pre-seed capital to support its growth.

The global banking mobile market is expected to grow at a compound annual growth rate (CAGR) of 12.2% between 2019 and 2026, according to Allied Market Research.

Pillar, which helps users manage and save money to improve student loan repayments, has launched its services, marking this with the $5.5m seed round close.

Danish challenger bank Lunar Way has chosen the Tink API to add new payments and personal finance tools to its mobile banking app.