Tag: Neobanks

It's easy to be taken in by the flashy digital offering of challenger banks, but new research suggests that they may not be as popular as people think.

UK-based neobank Starling has just cut even and expects to remain profitable as it plans to roll out its services across Europe.

BearingPoint RegTech has launched an outsourcing solution for regulatory reporting that will diminish the cost of compliance for institutions.

Italian neobank AideXa has secured €45m in seed capital to create a FinTech company focused on small businesses.

Having made several initiatives recently to better position itself in the market, UK challenger bank Revolut is now launching a new subscriptions feature to give customers more control over their recurring expenditure.

UK-based challenger bank Revolut is reportedly on the cusp of applying for a banking licence in California.

Fondeadora, a new challenger bank based in Mexico, has reportedly bagged $14m in its Series A to help with its goal of becoming a full-stack neobank.

New digital bank WeLab has celebrated opening 10,000 accounts within its first ten days of its launch, demonstrating how challenger banks are taking off in Asia.

Walrus is a mobile banking app aimed at teenagers and it has reportedly closed pre-seed capital to support its growth.

The European challenger bank YAPEAL has launched a new digital wallet with the help of Marqeta's modern card issuing platform.