Tag: neobank

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.

Australian FinTech company Frollo has launched new product to help businesses comply with new data rules as they embrace open banking.

Dutch neobank bunq has introduced a new subscription option where customers can opt to have one new tree planted for every €100 they spend with any bunq card.

Australian challenger bank Xinja Bank has collected a AUS $433m ($258m) from Emirates’ World Investments.

If everything goes according to plan, then Australia will introduce open banking in July. The founder of neobank 86 400 cannot wait, but believes the benefits will take some time to manifest.