Tag: Neobanks

As Christmas approaches, the festive spirit is not just limited to celebrations but also marks a significant shift in the financial sector.

Amid the rapid evolution of banking, digital-first banks like Starling and Metro Bank are facing increased regulatory scrutiny, particularly around AML controls. According to Corlytics,...

Neobanks have reshaped the banking landscape, boasting a customer base jump from 7.7m in 2018 to nearly 20m by the end of 2019 in the UK alone.

Layer2 Financial, a regulated payments infrastructure company, is making headlines with its latest funding achievement.

Banking as a Service (BaaS) has been celebrated as a significant catalyst within the European FinTech industry, driving its influence on a global scale. Napier AI, which offers a financial crime compliance solution, recently explored why a risk-based compliance approach is vital for BaaS. 

The race between UK neobanks and traditional legacy banks is heating up, with neobanks set to surpass their older counterparts in lifetime Android app downloads by the first quarter of 2025, according to a recent study by SplitMetrics.

Canadian Incumbent banks have a firm grip on the Canadian banking market with only a small number of Canadians choosing neobanks as of April...

Combined Mexican banking downloads reached 57m in April 2023 – April 2024, a 23% increase YoY. Incumbent banks dominated and saw a combined 39.9m...

Mercury, a leading FinTech company used by over 100,000 startups for business banking, has now ventured into consumer banking with its new offering, Mercury Personal.

Singaporean banking apps have seen a continued increase in downloads with 3.6m downloads in 2023, a 37% increase from 2022. Incumbents recorded the majority...