Tag: neobank

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.

Dubai-based Jingle Pay is a new challenger bank that has announced plans to change the banking world for millennials in the Middle East.

US neobank Aspiration has scored $135m in its Series C round to help it provide its customers with more financial products and services.

Tom Blomfield has swapped his CEO title for a president role at Monzo as the challenger bank is dealing with COVID-19 fallout.

On the back of closing a €1m seed round, Icelandic challenger bank indó is almost ready to go live.

Revolut, N26 and Monzo might have entered the US over the years to some extent, but Chime is still dominating the country’s digital bank market.

UK challenger bank Revolut has launched a bank in Lithuania after having achieved a European banking licence in the tail end of 2018, but says it might just be the beginning of further expansion across the continent.