Tag: Neobanks
Revolut’s latest give is the launch of a new subscription feature
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.
Revolut rumoured to soon apply for California banking licence
UK-based challenger bank Revolut is reportedly on the cusp of applying for a banking licence in California.
Fondeadora said to close $14m Series A as it pushes to...
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.
Hong Kong-based neobank WeLab opens 10,000 accounts in first ten days
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.
Teenager neobank Walrus said to raise pre-seed round
Walrus is a mobile banking app aimed at teenagers and it has reportedly closed pre-seed capital to support its growth.
Swiss neobank YAPEAL has picked Marqeta to power its digital wallet
The European challenger bank YAPEAL has launched a new digital wallet with the help of Marqeta's modern card issuing platform.
Swedish challenger bank Northmill Bank broadens its savings offering
Neobanks in the Nordics are on the rise and Swedish contender Northmill has not been resting on its laurels to meet the demand, having just introduces fixed-rate savings accounts.
Global WealthTech investment on track for its worst year since 2017
Investment in the sector is expected to slow down for the remainder of the year as the momentum from record H2 2019 wears off
Ten challenger banks you really should know about right now
Neobanks are transforming finance around the world. However, some are making bigger waves than others.
European challenger banks reveal how they deal with the coronavirus and...
European neobanks have taken steps to limit the impact COVID-19 will have on their businesses.