Tag: neobank

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.

Amsterdam-based Backbase is going global. Having already opened a new office in Dubai in October, the banking software provider is strengthening its grip of the Asia Pacific (APAC) market.

EpiFi, an Indian neobank, has reportedly raised $13.2m in its seed funding round as it gears up for the launch of its platform.