Articles with tag: neobanks

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WorldRemit partners with Mexican neobanks albo and Klar

14 Aug 2020 | Online Payments

WorldRemit, an international payments company, has entered partnerships with two Mexico-based neobanks, albo and Klar.

WorldRemit, money transfer, remittances, partnership, albo, Klar, payments, Mexico, neobanks, banks, economy

TransferWise valuation jumps to USD 5 bln in USD 319 mln secondary share sale

29 Jul 2020 | Payments General

TransferWise has announced secondary sales amounting to a total of USD 319 million at a new valuation of USD 5 billion.

neobanks, Monzo, N26, bunq, TransferWise for Banks API, TransferWise, payments, SMEs, bank account, money transfers, cross border payments, shares, valuation

Modulr reveals its Payment Initiation to help merchants accept payments faster

18 Jun 2020 | Online Payments

Modulr has unveiled the launch of its Payment Initiation solution, following the registration with the Financial Conduct Authority as a Payment Initiation Service Provider (PISP). 

Modulr, launch, payments, merchants, PISP, card payments, banks, accounts, fraud, authentication, neobanks, lending

Starling Bank introduces three new in-app integrations

16 Jun 2020 | Online & Mobile Banking

UK-based digital bank Starling has introduced three new in-app integrations to its banking platform.

Starling Bank, banks, neobanks, challenger banks, Slack, UK, digital bank, digital, banking, Bionic, Equipsme, SMBs, transactions, SME

UK digital banks unable to provide state funds to coronavirus-hit companies

27 Mar 2020 | Payments General

Several of Britain’s digital banks are still waiting to hear if they can offer government-backed loans to struggling small businesses damaged by the coronavirus outbreak, days after a multi-billion pound rescue scheme was launched.

UK, digital banks, neobanks, funding, coronavirus

Banking pulse: trends, technologies and priorities that will shape the industry in 2020 and beyond

27 Mar 2020 | Online & Mobile Banking

2020 is set to be defined by technological innovation, financial wellness and an elevated customer experience, says Oana Ifrim, senior editor at The Paypers.

banking, fintech, bigtech, Apple, Facebook Pay, Uber money, digital wallet, Google, US, Libra, digital payments, mobile banking, neobanks, RtP, Mastercard, cyber-security, data, AI, The Paypers, business reporter, customer experience, innovation

86 400, Volt Bank, Up cut account interest rates following Reserve Bank cuts

20 Mar 2020 | Online & Mobile Banking

Australian neobanks 86 400, Up and Volt Bank have cut their interest rates by 0.25% following the decision taken by The Reserve Bank of Australia.

Australia, neobanks, 86 400, Up, Volt Bank have cut their interest rates by 0.25% following the decision taken by The Reserve Bank of Australia.

Comparing neobank markets: Europe vs Latin America

12 Mar 2020 | Payments General

With the emergence of neobanks, Diego Caicedo, the Co-Founder and CEO of OmniBnk, analyses success stories in the fintech industry Europe and LATAM

Diego Caicedo, OmniBnk, fintech, Latin America, challanger banks, neobanks, financial inclusion, N26, Revolut, banking

Singapore to licence neobanks and wholesale banks

11 Mar 2020 | Payments General

Singapore’s regulatory authority has announced that in June 2020 they will issue operational licences to three neobanks in order to provide better services to underbanked enterprises.

digital banking, Singapore, fintech, MAS, Ant Financial, TikTok, licences, neobanks, Monetary Authority of Singapore

Currencycloud raises USD 80 mln from Visa, BNP Paribas, and more

27 Jan 2020 | Payments General

Fintech startup Currencycloud has raised USD 80 million in funding from strategic investors including Visa, BNP Paribas, SBI Group, Siam Commercial Bank and the International Finance Corp.

Currencycloud, funding, cross-border payments, fintech, neobanks, alternative payment methods