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Tag: banking challenger

Banking challenger and investing platform Finch set to launch in US

Finch boosts users' credit score by reporting spending to US credit bureaus Equifax, Experian and TransUnion.

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Dutch Banking Challenger Bunq to Acquire €160M in Capital at €1.65B Valuation, Deal Includes SME Lending Platform Purchase

Dutch banking challenger Bunq has reportedly committed to a €160 million round at a €1.65 billion valuation. Bunq will also be acquiring a...

Southeast Asia Enters Digital Banking Era

The transformation of consumer expectations and incumbent banks’ slowness to meet evolving consumer needs are creating significant opportunities for Southeast Asia’s new and...

Digital Banking Fintech Unicorn Nubank Secures $750M as Part of Series G Extensions, Now Valued at $30B

Brazil-based banking challenger Nubank recently revealed that it has secured a total of $750 million in capital as part of two extensions of...

Italian Challenger Bank AideXa Acquires Banking License from ECB, Will Offer Short-Term Credit Facilities

AideXa, an Italian banking challenger for small businesses, has reportedly acquired a full banking license which was issued by the European Central Bank...

Finland’s Enfuce Partners Visa to Offer Payment Cards Solution Program for European Fintech Firms

Finland-based Enfuce is teaming up with Visa in order to introduce a fast-track, 8-week program for European Fintech firms. The program should help...

UK’s Starling Bank Explains how their Overdraft Facility can Serve as Short-Term Safety Net for Clients

UK-based digital bank Starling notes that their overdraft can serve as a short-term “safety net” for eligible or qualified personal customers. The Starling Bank...

Co-Founders of UK Challenger Bank Monzo Back Startup Fronted’s £1M Raise

Fronted, the rental deposit lending company, has reportedly secured more than £1 million as part of a debt and equity deal, which increased...

UK’s Banking Challenger Monzo Announces New Product Updates to Improve User Experience

UK-based banking challenger Monzo notes in a recent product update that it’s now possible to send a payment reminder to someone you may...

Digital Banking: Switzerland’s PostFinance Partners Swissquote to Launch Virtual Bank App Yuh, Will be Available May 11

PostFinance, the financial services division of Swiss Post, has teamed up with Swissquote in order to launch a digital banking app, called Yuh....

Hong Kong based Digital Banking Challenger ZA Bank to Provide SME Loans Up to HKD 18 Million

Hong Kong-based digital banking challenger ZA Bank has revealed that it’s providing a financing guarantee facility of as much as HKD 18 million...

UK Fintech 3s.Money, a Banking Challenger that Helps Corporates with Managing Fund Transfers, Secures £3M in Capital

UK-based 3s.money, a startup that assists corporates with accepting and managing their bank transfers in foreign markets, has reached a £40 million valuation...

London based Challenger Bank OakNorth Reportedly Entered into Deals with Capital One, Fifth Third Bank

UK-based Fintech OakNorth has reportedly entered into software deals with US banking institutions Capital One and Fifth Third, according to a report from...

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