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Tag: neobank

BankBazaar Scores $6 Million; PayPal Makes Strategic Investment in Tink

Courtesy of a round featuring new investor WSV – a joint venture fund of Walden International and Korean firm SKTA – online financing...

Reserve Bank of Australia mulls payment cost change for merchants

The Reserve Bank of Australia (RBA) is looking into the possibility of a reduction in the cost of electronic payments for both merchants...

Nubank soars ahead with 25m customers

Nubank, the Brazil and Mexico-based neobank quietly growing leagues above its global peers, has reached 25 million customers, AltFi reports. The bank, which was...

Open banking fintech Belvo lands $10m for Brazil expansion

Belvo, the Barcelona-based fintech providing open banking in Latin America, has landed $10 million in funding to launch an office in Sao Paulo,...

Belgian challenger Aion rolls out business banking app

Aion, a Belgian subscription-only challenger bank, has launched its digital banking app for small and medium-sized enterprises (SMEs). The firm’s Basic Plan stands at...

Starling Bank Scores Another £40 Million from Existing Investors

Starling Bank, a UK-based challenger bank, has raised £40 million (around $49.2 million) in the latest funding round from its existing investors. Officially...

Overfunding: Neobank for Africans Eversend Surpasses €550,000 in Funding Through Seedrs Round

Eversend, a Neobank for African, has successfully secured its initial €550,000 equity crowdfunding target through its Seedrs campaign. The company is now offering...

San Francisco neobank Aspiration raises $135m in Series C round

San Francisco-based fintech firm Aspiration has raised $135 million in a Series C funding round led by investors Alpha Edison. Aspiration has raised $200...

Digital Banking: Monzo, Starling, and Revolut Make it Much Easier to Open Accounts, According to a Recent Review

Many large banks in the United Kingdom appear to be falling behind their all-digital competitors when it comes to providing better overall customer...

Neobank N26 Executive Predicts there will be As Many Digital Bank Accounts as Traditional Ones, but Global Fintech Reports Suggest Otherwise

Digital banks are on track to serve as many clients in Ireland as traditional banking service providers, according to N26, an all-digital...

Digital Banking: The EastWest Bank in the Philippines to Launch Online-Only Komo Banking Solution

East-West Banking Corporation (EastWest) (PSE: EW), the eleventh largest bank in the Philippines with over $6 billion in assets, has introduced its own fully-digital bank, Komo. The company claims that it’s the first universal banking group in the country to establish its own all-digital bank,... Read More

The post Digital Banking: The EastWest Bank in the Philippines to Launch Online-Only Komo Banking Solution appeared first on Crowdfund Insider.

U.S. Neobank Aspiration Secures $135 Million Through Series C Investment Round

Aspiration, a U.S.-based neobanking group, announced on Friday it secured $135 million through its Series C funding round, which was led by Alpha...

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