Articles with tag like: neobanks

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Zopa raises USD 300 mln to support growth

News | Online & Mobile Banking | 19 Oct 2021

Digital bank Zopa has raised USD 300 million to drive its next phase of growth, hoping to become one of the strongest performing digital banks for savings and lending in the UK.

funding, digital banking, neobanks, credit scoring

Open raises USD 100 mln in Series C round led by Temasek

News | Online & Mobile Banking | 12 Oct 2021

Neobanking startup Open has raised USD 100 million in its Series C round. 

neobanks, digital banking, SMEs

Archa to launch business credit card and spend management platform

News | Cards | 06 Oct 2021

Fintech startup and former consumer neobank, Archa, has announced it will launch a smart business credit card and spend management platform in Australia.

neobanks, product launch, credit card, spend management

Chase partners with 10x Banking

News | Online & Mobile Banking | 01 Oct 2021

Neobank Chase has partnered with 10x Banking to launch its entry into the UK retail banking market. 

partnership, banks, neobanks, digital banking

Zolve develops financial products for US immigrants

News | Online & Mobile Banking | 23 Sep 2021

Zolve has launched a financial product which will be offering the US immigrants the ability to obtain an FDIC-insured bank account, credit card, and debit card upon entering the US. 

product launch, neobanks, mobile banking, credit card

Salesforce backs Indian payments startup Razorpay

News | Online & Mobile Banking | 21 Sep 2021

Canada-based cloud-based software company, Salesforce, has invested in Razorpay to help it expand in the business banking space.

cloud services, fintech, funding, neobanks

FloBiz raises USD 31 mln in financing round

News | Payments General | 21 Sep 2021

FloBiz, a startup that is building a neobank for small- and medium-sized businesses, has raised USD 31 million in a new financing round as it works to broaden its product offerings.

funding, neobanks, startup

i2c and Solid partner to offer issuing-processing solutions via fintech as a service

News | Cards | 16 Sep 2021

i2c, a US-based payment service provider, has partnered with fintech Solid to provide streamlined access to banking, payments, and card services to companies.

debit card, credit card, virtual card, API, neobanks

Philippines' Tonik enters consumer lending market

News | Online & Mobile Banking | 15 Sep 2021

Philippines-based neobank Tonik has launched the Quick Loan product on its platform.

product launch, digital banking, neobanks, lending

Open secures USD 62 mln in Series C funding round

News | Payments General | 13 Sep 2021

India-based neobanking platform Open has secured around USD 62 million in a Series C funding round from Temasek, Google, Tiger Global Management, and 3one4 Capital.   

neobanks, funding, banks, digital banking

Varo Bank raises USD 510 mln in Series E funding round

News | Payments General | 10 Sep 2021

Varo Bank it has raised USD 510 million in a Series E funding round at a USD 2.5 billion valuation.

banks, funding, fintech, startup, neobanks

Trulioo selected by Zolve to provide real-time identity verification

News | Digital Identity, Security & Online Fraud | 08 Sep 2021

Trulioo, a Canada-based identity verification company, has engaged to offer India-based fintech Zolve verifying and onboarding solutions, while supporting KYC/AML compliance.

partnership, neobanks, digital identity, API, KYC, AML

Cashfree to launch its BaaS offering, Accounts

News | Online & Mobile Banking | 06 Sep 2021

Cashfree has launched its Banking-as-a-service (BaaS) offering ‘Accounts’ to help neobanks and fintech platforms integrate banking services into their product.

Cashfree, product launch, fintech, BaaS, API, neobanks

State Bank of Pakistan grants EMI license to NayaPay

News | Online & Mobile Banking | 03 Sep 2021

Pakistan-based fintech NayaPay has earned commercial approval to operate as the first Electronic Money Institution in Pakistan, after a year-long pilot and inspection by the State Bank.

EMI licence, e-money, online banking, neobanks

NewB, OneSpan to protect digital banking channels

News | Online & Mobile Banking | 03 Sep 2021

Digital banking security and e-signatures company OneSpan has announced that Belgium-based challenger bank NewB has deployed OneSpan Cloud Authentication and Mobile Security Suite. 

partnership, challenger bank, neobanks, digital banking

Cashfree partners Hylobiz

News | E-invoicing, SCF & E-procurement | 02 Sep 2021

Cashfree has partnered with Hylobiz, a SME distribution value chain-focused neobank, to digitise collections and payouts for its customers.

Cashfree, digitalisation, partnership, SMEs, neobanks, payout, e-invoicing

FV Bank secures USD 8 million Series A funding

News | Online & Mobile Banking | 31 Aug 2021

US-based FV Bank, a dual licensed challenger bank and digital asset custodian, has announced the successful closing of its Series A funding round worth USD 8 million.

neobanks, digital banking, online banking, fintech, funding

Razorpay partners Shiprocket

News | Payments General | 30 Aug 2021

Razorpay has teamed up with Shiprocket to provide end-to-end digital commerce solutions in India.

neobanks, fintech, Razorpay, partnership, online payments

Nuri launches crypto savings plans

News | Cryptocurrencies | 25 Aug 2021

Germany-based neobank Nuri, formally known as Bitwala, has launched a crypto savings plans.

product launch, cryptocurrency, neobanks, Bitcoin

Pakistani's Bazaar raises USD 30 mln in Series A

News | Online & Mobile Banking | 25 Aug 2021

Bazaar, a B2B marketplace from Pakistan, has raised USD 30 million in Series A financing co-led by Silicon Valley-based Defy Partner and Singapore-based Wavemaker Partners.

funding, neobanks, digital banking, B2B payments, ecommerce