Banking

Combined Mexican banking downloads reached 57m in April 2023 – April 2024, a 23% increase YoY. Incumbent banks dominated and...

British neobank Monzo told CNBC it raised another $190 million from investors including Hedosophia and CapitalG, Alphabet’s independent growth fund....

In 2021, U.K. neobank Zopa, which has been around since 2004, leapt to a $1 billion valuation on the back of...

Neobanks, also known as digital banks, represent a significant evolution in the banking sector, leveraging technology to provide enhanced customer...

Neobanking startup Fi, backed by investors such as Peak XV and Temasek, has secured a non-banking finance company (NBFC) licence...

In 2022, neobank investors shifted focus from growth at all costs to profitability. Most of the world’s 291 neobanks were not...

Bulgarian embedded finance company Paynetics said it has acquired Novus, a B-Corp certified digital bank in the UK, for an...

Allied Market Research has published a report that analyses the popularity of neobanks as well as the sector’s growth trajectory. According...

The neobank introduces stock and ETF trading starting in Austria with low fixed fees.The service currently offers fractional shares and...

The company intends to tap the estimated 2.8 million British digital nomads. Customer deposits on the platform went up to...