Tag: neobank
Latino-founded neobank Comun secures $4.5m seed
Comun, a neobank that provides modern banking solutions for members of the Latino community, has closed a $4.5m seed round.
Danish neobank Lunar nets €35m
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 files for insolvency
German neobank Ruuky has filed for insolvency, after it was unable to overcome market dynamics and raise additional funding.
Singapore-based neobank Stashfin bags $270m in debt and equity
Singapore-based neobank Stashfin has reportedly received $270m in a funding round comprising debt and equity.
Paul Pogba joins $50m Series B of Sharia-compliant investing app Wahed
Sharia-compliant ethical investing platform Wahed has received $50m in its Series B funding round as it plans to launch an ethical neobank.
Kaleidofin closes second tranche of $15m Series B round
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.
Rebellion Pay taps Sentinels to boost AML compliance
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.
Capital Bank of Jordan unveils the country’s first digital-only neobank
The Capital Bank of Jordan has launched Blink, the first ever digital-only neobank in Jordan.
Two funding rounds in January signal the rise of Asian neobanks
Investors are not losing interest in neobanks with significant investments recorded at the start of this year. Deal activity in January saw Qonto, an...
Europe’s first blockchain financial institution opens for pre-registration
Benker is set to become the first ever licensed blockchain financial institution in Europe following an approval by the Bank of Lithuania.