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Digital bank
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digital bank
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Payments
Google Bets Big on Monzo, Values The UK Fintech at $5 Billion
The digital bank secures $400 million from CapitalG, aiming for further expansion.
Despite fintech challenges in Europe, Monzo added 2 million customers in 2023.
Tuesday, 05/03/2024 | 13:00 GMT
by
Damian Chmiel
Payments
Nubank on Track to Achieve $1 Billion Annual Profits, CEO Says
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.
Tuesday, 06/02/2024 | 09:25 GMT
by
Damian Chmiel
FinTech
Digital Strategies Reshaping Banking: A Tactical Guide for Incumbents
A look into the digital attacker strategy.
Thursday, 18/01/2024 | 15:23 GMT
by
Pedro Ferreira
FinTech
Expanding Horizons Beyond Traditional Banking: 3 Avenues for Growth
A roadmap for banks in the digital era.
Thursday, 18/01/2024 | 13:14 GMT
by
Pedro Ferreira
Retail FX
Hong Kong’s Digital Bank with 70K Users Mulls to Offer US Stocks
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.
Friday, 24/11/2023 | 07:21 GMT
by
Arnab Shome
FinTech
Digital Banking Trends to Look for Heading into 2024
How neobanks are reshaping the financial services landscape.
Friday, 20/10/2023 | 11:23 GMT
by
Pedro Ferreira
Payments
Digital Banking and Cash Management for Small Businesses: Benefits and Risks
The digital revolution is here
Monday, 24/04/2023 | 10:44 GMT
by
FM Contributors
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FinTech
Revolut Introduces Joint Account, Group Chat to Mobile App
Recently, the digital bank reported its first full-year profit.
Revolut also launched 'soft test' version of its crypto staking service.
Wednesday, 12/04/2023 | 20:47 GMT
by
Solomon Oladipupo
Education Center
The Dark Side of the Blockchain
A far cry from financial inclusion?
Thursday, 30/03/2023 | 15:38 GMT
by
FM Contributors
Education Center
2023 Digital Banking Trends and the Future of Banking
Banking keeps reinventing itself. Find out what's in store.
Thursday, 09/03/2023 | 11:05 GMT
by
FM Contributors
CryptoCurrency
Revolut Gains CySEC's Approval to Offer Cryptocurrency Services
The approval grants Revolut access to offering crypto services to European clients.
Digital assets were between 5% and 10% of Revolut's revenue.
Monday, 15/08/2022 | 14:33 GMT
by
Matti Williamson
Op-ed
FM Home
Op-ed
Why the World Needs a Global Digital Bank
The industry will have to work with governments to lower barriers for the underprivileged.
Wednesday, 10/08/2022 | 07:46 GMT
by
Bruno Martorano
FinTech
UK’s CMA Reacts as Monzo’s Bank Rule Breach Affects 13,000 Customers
The same breach affected 143,000 customers between March 1, 2020 and May 31, 2021.
Monzo has made some 'initial changes' to ensure compliance.
Tuesday, 26/07/2022 | 16:00 GMT
by
Solomon Oladipupo
Executive Moves
Neon Picks Andre Madeira as Chief Technology Officer
Madeira joins Neon from Coinbase.
The Brazilian fintech company is planning to invest heavily in data engineering and ML.
Saturday, 09/07/2022 | 08:44 GMT
by
Bilal Jafar
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FinTech
Russian Bank Tinkoff to Start Charging 1% Fee on FX Accounts
The bank cited the current geopolitical situation for the decision.
The measure is to take effect from June 23.
Thursday, 09/06/2022 | 18:54 GMT
by
Solomon Oladipupo
News
Starling Bank Completes Internal Fundraise of £130.5 Million
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.
Thursday, 28/04/2022 | 12:01 GMT
by
Bilal Jafar
News
Al Rajhi Bank Malaysia Partners with Moneythor for PFM Features
According to the company, the partnership will boost innovation in the regional banking system.
The bank will deploy personal financial management features of Moneythor.
Monday, 25/04/2022 | 10:24 GMT
by
Bilal Jafar
News
CoinShares Boosts Strategic Investment in FlowBank
The company has acquired an additional 20.8% stake in FlowBank.
The recent acquisition was priced at CHF 24,740,000.
Monday, 14/03/2022 | 09:07 GMT
by
Bilal Jafar
News
Monzo Raises $500 Million, Valuation Jumps to $4.5 Billion
The new funds will support the development of innovative products.
Thursday, 09/12/2021 | 08:35 GMT
by
Bilal Jafar
News
CoinShares Invests in Switzerland-Based FlowBank
FlowBank is an online bank licensed by the Swiss Financial Market Supervisory Authority.
Thursday, 07/10/2021 | 08:24 GMT
by
Bilal Jafar
Thought Leaders
GIBXchange Digital Bank Will Be Launched Soon!
GIBXchange Digital Bank aims to work with the public to operate the exchange together.
Tuesday, 25/05/2021 | 13:33 GMT
by
Finance Magnates Staff
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