86 400 vying another $34m raise just months after its latest funding round
Australian challenger bank 86 400 has kicked off another investment drive with the goal to raise $34m to fund expansions into the mortgage market.
Customers left “gutted” and in tears after neobank Tide halts Bounce Back Loans to...
UK challenger bank Tide has frozen the issuing of Bounce Back Loans for small businesses after its funding efforts fell through, leaving customers crestfallen and in tears.
Swedish challenger bank Northmill Bank broadens its savings offering
Neobanks in the Nordics are on the rise and Swedish contender Northmill has not been resting on its laurels to meet the demand, having just introduces fixed-rate savings accounts.
Deutsche Bank and Google Cloud team up to bolster the bank’s tech and financial...
Deutsche Bank and Google Cloud have joined forces by forming a strategic partnership that aims to redefine how the bank develops and offers its financial services.
FinTech backer Sequoia Capital India has raised $1.35bn from LPs in two new funds
The Indian branch of venture capital firm Sequoia Capital has announced that it has raised $1.35bn in an effort to bolster its continuous investment...
Digital business bank Penta adds €4m to its Series B round
Digital business bank Penta has collected €4m in a new funding round, adding to the €18.5m it raised in March for its Series B.
German prosecutors have arrested the chief executive of Wirecard’s Dubai unit Cardsystems
The highly publicised collapse of Wirecard has taken another turn with German prosecutors having arrested the head of the company's Dubai-based subsidiary.
Why the founders behind Monument think there’s still room for another UK neobank
Challenger bank Monument has revealed that it is in the later stages of an application process to get a UK banking licence in order to launch a service for affluent clients.
Italian digital banking project raises €45m as the nation is still dealing with Covid-19
Italian banking executives have raised €45m ($50.9m) in a bid to launch a digital bank in a country still dealing with the coronavirus fallout.
Robocash to raise money before Australian IPO and plans to launch neobank in the
Singapore-headquartered FinTech Robocash is planning to list on the Australian Securities Exchange and is reportedly looking to raise $5m to launch a neobank in the Philippines.