Tag: neobank

FinTech startup Jiko has acquired Mid Central National Bank in a deal that is the first of its kind.

Brazilian challenger bank Nubank has reportedly raised $300m in new funds, according to a filing with the U.S. Securities and Exchange Commission.

After having doubled its losses in the last year, challenger bank Monzo has now announced that it will add two new fees by the end of October.

Singapore-based FinTech Atlantis is launching a challenger bank in India in order to tap into the global $15.7bn millennial banking industry.

The global neobank market is estimated to grow from $20.4bn in 2019 to reach $471bn by 2027, according to a ResearchAndMarkets.com' report.

UK challenger bank Tandem Bank has acquired green lender Allium Lending Group as part of a £60m fundraising deal.

Hot on the heels of getting its banking licence in June, neobank Zopa is now launching a savings accounts.

N26 employees have set up a works council despite their employer arguing it would stand "against almost all values we believe in" and filing injunctions to prevent it from coming into existence in what is proving to be a messy affair.

India-based banking app Finn has reportedly closed a pre-Series A round to support the expansion of its product and team.

Challenger bank Monzo is testing out a new feature enabling customers to easily move money from other banks' accounts, despite founder Tom Blomfield's previous scepticism of open banking.