Tag: neobank

Challenger bank OakNorth Bank has completed a ?4.4m Coronavirus Business Interruption Loan Scheme (CBILS) loan to complete the development of a care home.

Tyme, a neo bank focused on Asia and Africa, has raised $110m in funding, as it prepares to apply for a banking license in the Philippines.

Orange Bank has bought French neobank Anytime to scale up its commercial reach and enhance its range of solutions for professionals and SMEs.

Digital banking platform Oxygen has collected $17m in its Series A funding round, which will help it build new banking products.

Three million Revolut customers in the UK can now access their pay cheques early via the neobank's latest feature.

Having officially launched earlier this year, new neobank HMBradley has now secured $18.25m in a Series A funding round.

Challenger bank Current has secured $131m in a Series C funding round led by Tiger Global Management to work towards making the financial lives easier for its users.

Hot on the heels of being granted a restricted banking licence in October, the UK challenger bank Monument has now announced the key providers to help it build its digital bank for high-earners.

Italian challenger bank illimity has reported a 31% jump in profits in the third quarter compared to the second one this year.

The challenger bank Tenth is looking to tap into the estimated $1.4trn spent by Black citizens in the US.