Tag: neobank

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.

US challenger bank Chime has launched a new type of payment card to help millennials establish a credit history in a time when many young customers don't have one.

UK neobank Revolut has announced that its standard, Premium and Metal customers can now access silver through the Revolut app.

Neobank Pockit was one of the FinTech startups that had to halt its services after the Financial Conduct Authority (FCA) froze all of Wirecard's regulated activities, but now it is back in business.

UK challenger bank OakNorth is reportedly in the process of preparing a secondary offering to enable investors to cash in on their holdings, according to Sky News.