Tag: neobank

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.

Spanish challenger bank MyInvestor has scored €20m in a new funding round on the back of a successful year of growth.

European challenger bank bunq has doubled its user deposits and grown its workforce despite the global pandemic.

Neobank for the emerging markets FairMoney has reportedly raised €10m in a Series A funding round.

Joust Labs, a US challenger bank focused on freelancers and entrepreneurs, has closed its seed round on $2.6m.