Japan’s Kyash collects $45m in its Series C round

Japanese digital bank Kyash has collected $45m in its Series C round, coming less than a year after it closed its Series B on $14m.

bunq launches new SuperGreen initiative and commits to planting a new tree for every...

Dutch neobank bunq has introduced a new subscription option where customers can opt to have one new tree planted for every €100 they spend with any bunq card.

Icelandic challenger bank indó closes funding round

Icelandic challenger bank Indó has secured €1m in its seed funding round, as it progresses with its banking license application.

Neobank HMBradley has officially launched

The US-based digital bank HMBradley has officially launched its services for the thousands of would-be users on its waitlist.

Monzo’s founder won’t take out any salary for 12 months to help the company...

UK challenger bank Monzo has taken additional steps to protect the business against the pandemic-induced financial downturn. And it's not alone.

Kuda Bank unveils upgrades to its app and ensures customers that it’s business as...

Challenger bank Kuda Bank aims to change the banking system in emerging markets and won’t let the coronavirus stand in its way.

US digital bank One improves core services with Finxact

US challenger bank One has chosen core banking infrastructure developer Finxact to power its services in a new deal.

Digital bank Nubank has created a $4m fund to help its clients during the...

Brazilian challenger bank Nubank has tapped into its marketing budget to help 20 million customers ride out the COVID-19 pandemic more easily.

Sony Bank launches online banking service for English speaking customers in Japan

Japanese Sony Bank has unveiled a new English-language online banking service to make it easier for foreigners to open and manage their accounts.

Lanistar nets £2m in its seed round as it begins its goal of reaching...

UK-based Lanistar, an alternative to digital banking, has netted £2m in its seed funding round as it sets its sights on becoming a £1bn company.

News Stories

InsurTech UK joins plea to protect British startups from being “wiped out” by the...

Several UK tech industry bodies are asking the government to do more to support the nation’s startups or risk having a generation of innovative ventures “wiped out.”

UK consumers put strong technology as main appeal for banks

UK consumers are placing strong technology as their biggest priority for banking, but digital banks need to be clear with their value offering to capitalise on this, according to Vilve Vene, CEO and co-founder of core banking platform Modularbank.

KPMG welcomes the FCA’s proposals to freeze payments to help people’s finances during the...

While KPMG understands the Financial Conduct Authority's (FCA) proposals to soften the financial blow of COVID-19, the professional services firm reminded the regulator that the crisis is not easy for banks either.

Insurers – the time to change is now! – ManageMy

With the world being forced to stay indoors and social distance, now is the time for insurers to focus on digitalising as we have “reached a tipping point”, according to digital experience platform ManageMy.

MAP FinTech launches AI-powered solution to boost anti-money laundering compliance

RegTech venture MAP FinTech has unveiled its latest solution to help financial services firms monitor and screen transactions in order to prevent money laundering.