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Digital bank
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FinTech
BaFin Lifts Cap on New Customer Onboarding for Digital Bank N26
2024-05-28T15:52:58.548+02:00
The onboarding cap, initially set in 2021 and increased in 2022, has now been removed.
The move has followed a €9.2 million fine on N26 for delayed money laundering reports.
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Tareq Sikder
Payments
Google Bets Big on Monzo, Values The UK Fintech at $5 Billion
2024-03-05T15:00:14.113+02:00
The digital bank secures $400 million from CapitalG, aiming for further expansion.
Despite fintech challenges in Europe, Monzo added 2 million customers in 2023.
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Damian Chmiel
Payments
Nubank on Track to Achieve $1 Billion Annual Profits, CEO Says
2024-02-06T11:25:53.430+02:00
Expansion in Mexico is critical to Nubank's strategy. Next, it is eying the United States.
Nubank targets becoming the top financial service in Latin America.
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FinTech
Digital Strategies Reshaping Banking: A Tactical Guide for Incumbents
2024-01-18T17:23:03.277+02:00
A look into the digital attacker strategy.
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Pedro Ferreira
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FinTech
Expanding Horizons Beyond Traditional Banking: 3 Avenues for Growth
2024-01-18T15:14:09.644+02:00
A roadmap for banks in the digital era.
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Pedro Ferreira
Retail FX
Hong Kong’s Digital Bank with 70K Users Mulls to Offer US Stocks
2023-11-24T09:21:03.020+02:00
ZA Bank obtained its Type 1 regulated activity license in January 2021.
It is also pushing to offer services to the growing local crypto industry.
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Arnab Shome
FinTech
Digital Banking Trends to Look for Heading into 2024
2023-10-20T13:23:00.318+02:00
How neobanks are reshaping the financial services landscape.
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Pedro Ferreira
Payments
Digital Banking and Cash Management for Small Businesses: Benefits and Risks
2023-04-24T12:44:36.338+02:00
The digital revolution is here
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FinTech
Revolut Introduces Joint Account, Group Chat to Mobile App
2023-04-12T22:47:40.561+02:00
Recently, the digital bank reported its first full-year profit.
Revolut also launched 'soft test' version of its crypto staking service.
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Solomon Oladipupo
Education Center
The Dark Side of the Blockchain
2023-03-30T17:38:12.970+02:00
A far cry from financial inclusion?
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Education Center
2023 Digital Banking Trends and the Future of Banking
2023-03-09T13:05:52.764+02:00
Banking keeps reinventing itself. Find out what's in store.
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CryptoCurrency
Revolut Gains CySEC's Approval to Offer Cryptocurrency Services
2022-08-15T16:33:40.760+02:00
The approval grants Revolut access to offering crypto services to European clients.
Digital assets were between 5% and 10% of Revolut's revenue.
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Matti Williamson
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Op-ed
FM Home
Op-ed
Why the World Needs a Global Digital Bank
2022-08-10T09:46:33.452+02:00
The industry will have to work with governments to lower barriers for the underprivileged.
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Bruno Martorano
FinTech
UK’s CMA Reacts as Monzo’s Bank Rule Breach Affects 13,000 Customers
2022-07-26T18:00:20.134+02:00
The same breach affected 143,000 customers between March 1, 2020 and May 31, 2021.
Monzo has made some 'initial changes' to ensure compliance.
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Solomon Oladipupo
Executive Moves
Neon Picks Andre Madeira as Chief Technology Officer
2022-07-09T10:44:26.863+02:00
Madeira joins Neon from Coinbase.
The Brazilian fintech company is planning to invest heavily in data engineering and ML.
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Bilal Jafar
FinTech
Russian Bank Tinkoff to Start Charging 1% Fee on FX Accounts
2022-06-09T20:54:17.342+02:00
The bank cited the current geopolitical situation for the decision.
The measure is to take effect from June 23.
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Solomon Oladipupo
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News
Starling Bank Completes Internal Fundraise of £130.5 Million
2022-04-28T14:01:23.060+02:00
The company received a pre-money valuation of £2.5 billion.
According to Starling Bank, the company’s all existing investors participated in the round.
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Bilal Jafar
News
Al Rajhi Bank Malaysia Partners with Moneythor for PFM Features
2022-04-25T12:24:14.479+02:00
According to the company, the partnership will boost innovation in the regional banking system.
The bank will deploy personal financial management features of Moneythor.
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Bilal Jafar
News
CoinShares Boosts Strategic Investment in FlowBank
2022-03-14T11:07:59.914+02:00
The company has acquired an additional 20.8% stake in FlowBank.
The recent acquisition was priced at CHF 24,740,000.
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Bilal Jafar
News
Monzo Raises $500 Million, Valuation Jumps to $4.5 Billion
2021-12-09T10:35:44.769+02:00
The new funds will support the development of innovative products.
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Bilal Jafar
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News
CoinShares Invests in Switzerland-Based FlowBank
2021-10-07T10:24:46.000+02:00
FlowBank is an online bank licensed by the Swiss Financial Market Supervisory Authority.
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Bilal Jafar
Thought Leaders
GIBXchange Digital Bank Will Be Launched Soon!
2021-05-25T15:33:38.000+02:00
GIBXchange Digital Bank aims to work with the public to operate the exchange together.
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