Tag: neobank

Comun, a neobank that provides modern banking solutions for members of the Latino community, has closed a $4.5m seed round.

Lunar, a neobank based in Denmark, has scored €35m in funding as it looks to push forward in its path to profitability.

German neobank Ruuky has filed for insolvency, after it was unable to overcome market dynamics and raise additional funding.

Singapore-based neobank Stashfin has reportedly received $270m in a funding round comprising debt and equity.

Sharia-compliant ethical investing platform Wahed has received $50m in its Series B funding round as it plans to launch an ethical neobank.

Indian neobank Kaleidofin has concluded the second tranche of its $15m Seris B equity round that was led by the Michael and Susan Dell Foundation.

Spanish neobank Rebellion Pay has chosen Sentinels, a transaction monitoring and client risk management platform, to bolster its AML compliance monitoring and risk profiling functions.

The Capital Bank of Jordan has launched Blink, the first ever digital-only neobank in Jordan.

Investors are not losing interest in neobanks with significant investments recorded at the start of this year. Deal activity in January saw Qonto, an...

Benker is set to become the first ever licensed blockchain financial institution in Europe following an approval by the Bank of Lithuania.