Tag: neobank

All eyes are on the banking sector after Silicon Valley Bank (SVB), Signature Bank, First Republic Bank (FRC) and now Credit Suisse collapsed. There...

indó, an Icelandic neobank, has selected Lucinity to use its AML compliance software such as its transaction monitoring and case manager solutions.

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.