Mobile payments

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Australian digital bank Volt aims for IPO after USD 70 mln Series C

Online & Mobile Banking | 20 Jan 2020 14:06 CET | Australia

Australia-based digital Volt has closed a GBP 37m Series C equity funding round to fuel its expansion, heading towards a 2020 Sydney stock market listing.

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Standard Chartered targets young customers in Hong Kong digibank race

Online & Mobile Banking | 20 Jan 2020 14:00 CET | Hong Kong

Standard Chartered has announced it will join the virtual banking race in Hong Kong with offers and services to attract tech-savvy younger population.

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SEBA digital asset bank backed by Julius Baer to raise USD 100 million

Online & Mobile Banking | 20 Jan 2020 13:39 CET | Switzerland

Switzerland-based digital asset bank SEBA has announced it will attempt to equal the September 2019 USD 103 mln funding round in new bid.

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India-based digital bank epiFi raises USD 13.2 mln

Online & Mobile Banking | 20 Jan 2020 13:25 CET | India

India-based digital bank epiFi has raised USD 13.2 million in a seed round of funding led by Sequoia India and Ribbit Capital. Hillhouse Capital.

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Bankable announces strategic partnership with Plaid

Online & Mobile Banking | 16 Jan 2020 13:07 CET | United Kingdom, United States

UK-based BaaS solution provider Bankable has announced a strategic partnership with Plaid, a data network powering fintech apps.

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Union Bank partners with FIS for banking technology

Online & Mobile Banking | 16 Jan 2020 12:42 CET | United States

Union Bank and US-based financial services provider FIS have announced a cooperative agreement to deliver a core digital banking platform.

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Ukraine switches to international IBAN standard to ease bank payments

Online & Mobile Banking | 14 Jan 2020 11:59 CET | Ukraine

National Bank of Ukraine has announced that starting with mid-January, bank customers can only make payments IBAN accounts.

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Goldman Sachs launches app for online bank Marcus

Online & Mobile Banking | 14 Jan 2020 11:48 CET | United States

US-based Goldman Sachs Group has launched a long-awaited app for customers of its online bank Marcus, according to Reuters.

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Starling supercharges business loans and overdrafts

Online & Mobile Banking | 14 Jan 2020 11:42 CET | United Kingdom

UK-based Starling Bank has announced supercharging its bank accounts for businesses and sole traders with unsecured loans of up to GBP 250K.

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Singapore fintech TONIK gets digital banking licence for the Philippines

Online & Mobile Banking | 14 Jan 2020 11:23 CET | Philippines

Bangko Sentral ng Pilipinas has granted a digital banking licence to the Philippine subsidiary of Singapore’s TONIK Financial.

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Hong Kong's ZA Bank offers 6% deposit rate, challenging incumbents

Online & Mobile Banking | 13 Jan 2020 09:25 CET | Hong Kong

Hong-Kong-based challenger ZA Bank has announced its arrival with an introductory rate of 6% or higher for deposits.

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Mendix supplies Rabobank with low-code platform to build online banking app

Online & Mobile Banking | 09 Jan 2020 14:26 CET | Belgium, Germany

Mendix, a US-based Siemens business focusing on low-code app development has supplied Rabobank with its platform to build an online-only banking portal.

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SME challenger Judo Bank teams with InfraRisk to support lending in Australia

Online & Mobile Banking | 07 Jan 2020 13:36 CET | Australia

Australia-based SME challenger bank Judo Bank has formed a partnership with InfraRisk, a supplier of credit management solutions to boost SME lending.

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Online banking app Koto Card to launch in the UK by January 2020

Online & Mobile Banking | 06 Jan 2020 09:59 CET | United Kingdom

UK-based online app bank Koto Card has announced planning its launch in the UK by January 2020, according to IBS Intelligence sources.

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British digital bank Monzo closes in on new fundraising round

Online & Mobile Banking | 06 Jan 2020 09:54 CET | United Kingdom

UK-based digital bank Monzo has announced it is close to raising between GBP 50 to 100 million existing and new investors involved.

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Mico-coverage insurance consortium Beyond seeks Singapore digital bank licence

Online & Mobile Banking | 06 Jan 2020 09:35 CET | Singapore

Micro-coverage insurance consortium led by V3 Group and contactless card operator EZ-Link has announced applying for digital banking licence in Singapore.

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Ant Financial applies for digital banking license in Singapore

Online & Mobile Banking | 03 Jan 2020 15:02 CET | Singapore, World

China-based Ant Financial, an affiliate of ecommerce giant Alibaba Group, has joined the race for a digital banking license in Singapore, Business Standard reports.

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Razer to apply for digital banking license in Singapore

Online & Mobile Banking | 03 Jan 2020 14:48 CET | Singapore

Gaming company Razer has announced it is leading a consortium of companies applying for an online bank license in Singapore, Reuters reports.
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Pan-African digital bank for Africans Carbon launches in Kenya

Online & Mobile Banking | 23 Dec 2019 11:14 CET | Kenya

Carbon, a consumer-facing lending platform by Nigerian parent company, OneFi, has announced its launch in Kenya.

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Starling co-founder to launch Ziglu crypto digital bank

Online & Mobile Banking | 23 Dec 2019 10:45 CET | United Kingdom

A former co-founder and CTO at Starling Bank has launched a new cryptocurrency venture called Ziglu.

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Monzo removes ATM fees and limits in the European Economic Area

Online & Mobile Banking | 23 Dec 2019 10:27 CET | Europe

UK-based neobank Monzo has announced that it is removing ATM fees and limits for countries in the European Economic Area (EEA).

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ACCC delays the launch of Consumer Data Right (CDR)

Online & Mobile Banking | 20 Dec 2019 12:04 CET | Australia

The ACCC (Australian Competition and Consumer Commission) has deferred the implementation and launch of the Consumer Data Right (CDR) in the banking sector to July 2020, according to Regulation Asia.

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ING`s digital banking platform expands product offering in 2020

Online & Mobile Banking | 17 Dec 2019 13:49 CET | Netherlands

The digital-only retail banking platform of ING has announced the expansion of its product offering in 2020.

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Bank of America pays clients USD 15 to use its mobile app

Online & Mobile Banking | 13 Dec 2019 13:16 CET | United States

Starting in December 2019, Bank of America has announced it will deposit USD 15 into the accounts of customers if they try mobile check deposit.

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UBank teams with Australian fintech Basiq to prepare for Open Banking

Online & Mobile Banking | 10 Dec 2019 15:09 CET | Australia

Australia-based direct bank UBank has tapped fintech Basiq to help it prepare for open banking.

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