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Investment funds managed by Morgan Stanley Expansion Capital have acquired a stake in UK-based payments neobank Sokin.
neobanks, IBAN, investment, payments
SplitMetrics has found that UK neobanks are on track to surpass UK legacy banks in lifetime Android app downloads by the start of 2025.
neobanks, banking, fintech, banks, research
Reports have revealed that the CEO of Revolut plans to sell a substantial portion of his stake in the fintech during an upcoming secondary share sale.
fintech, super app, financial services, neobanks
Snappi, a Greek neobank, has obtained a universal banking license from the European Central Bank (ECB), following the recommendation of the Bank of Greece.
neobanks, banking license, central bank, digital banking
neobanks, credit card, API, platform, online banking
CMC Connect has entered into a partnership with Revolut, a global neobank.
partnership, payments infrastructure, trading platform, neobanks
Merusha Naidu, Global Head of Partnerships at Paymentology, provides insights into the company's strategic approach to navigating the complexities of global payments and the future of digital transactions.
payments , banks, neobanks, fintech, transactions , digital payments, mobile payments, ESG, sustainability , online payments
Netherlands-based neobank bunq has announced a partnership with Mastercard to offer its European users a complete overview of their finances.
partnership, Open Banking, artificial intelligence, customer experience, neobanks
UK-based regtech Napier AI has announced its collaboration with Romania-based neobank Salt Bank, becoming the latter’s Anti-Money Laundering (AML) platform.
partnership, mobile banking, neobanks, fraud management, AML, money laundering
UK-based Fintech Farm, a startup that provides technology to medium-sized banks in developing markets to build digital tools, has raised USD 32 million in Series B funding.
funding, startup, neobanks, digitalisation, expansion
Neobank startup Fi has secured a non-banking finance company (NBFC) licence from the Reserve Bank of India.
neobanks, banking, fintech, startup, regulation
UK-based neobank Cashaa, which provides banking services for crypto businesses has revealed its intention to shutter its business banking division.
neobanks, startup, cryptocurrency, financial services, banking
Salt Bank has announced its expansion on the Romanian market, aiming to accelerate the digitalisation of Banca Transilvania Group’s suite of services.
partnership, product launch, neobanks, banking, digital banking, mobile banking, online banking, financial services, financial institutions
Bulgaria-based Embedded Finance provider Paynetics has announced the strategic acquisition of UK-based neobank Novus.
acquisition, neobanks, fintech, embedded finance, ESG
Digital bank Monzo has engaged in advanced talks to sell a USD 50 million stake to Singapore’s Government Investment Corporation.
funding, digital banking, acquisition, fintech, neobanks
UK-based digital bank Monzo has raised USD 431.26 million at a USD 5.07 billion valuation to expand and introduce new products.
neobanks, banking, digital banking, expansion, funding
Singapore-based digital bank Tonik has launched the ‘Luv Stash,’ a savings account that enables couples to save and earn a 4.5% interest rate.
digital banking, neobanks, product launch, bank account, online banking
Research from Economist Impact has shown that European banks prioritise migrating core banking systems to the cloud to fight competition from platform players.
cloud, banking, artificial intelligence, neobanks, fintech, research
US-based neobank Dave has announced that it joined the American Fintech Council (AFC), the association representing fintech companies and banks.
digital banking, online banking, neobanks, financial inclusion, financial services
Singapore-based Tonik Digital Bank (Tonik) has announced a strategic partnership with financial technology company Xendit.
partnership, fintech, neobanks, payment gateway