BNI in Mayora take-over, taps into Indonesian digital banking growth
Indonesia’s state-owned Bank Negara Indonesia (BNI) is to acquire Bank Mayora, a report from Deal Street Asia has revealed.
Zopa finally acquires its banking license and prepares to launch its first product
Peer-to-peer lending platform Zopa has received its full banking licence and will look to launch a new set of products, beginning with a fixed-term savings account.
Almost half of UK consumers would use open banking for quicker loans, better rates
Zopa has found 4 in 10 UK consumers would use open banking to apply for credit if it boosted the chance of getting an offer or gave them access to better rates than banks.
How to become a successful digital payments company in LatAm
To become a successful payments FinTech in Latin America, it heavily relies on the ability to support local transaction options, according to Simon Davies, the managing director of EBANX in the United Kingdom.
How did Singapore beat China to become Asia’s biggest FinTech investment destination?
Singapore is hotbed for FinTech innovation that has overtaken China as the biggest investment destination in the region. However, its leadership position is far from certain.
Troubled Metro Bank signs partnerships with three FinTech companies
While Metro Bank is still struggling with the fallout from a massive accounting error that slashed millions from its value, the bank has announced a trio of FinTech partnerships.
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.
How OakNorth has weathered the Covid-19 crisis and Brexit so far
Despite Covid-19 and Brexit, challenger bank OakNorth claims to have been able to avoid many of the hurdles other neobanks have faced.
Monzo close to finalising $50m funding round, the third raise since the pandemic began
UK-based challenger bank Monzo is on the brink of closing a $50m funding round, marking the third raise since the pandemic began, according to reports.
Ecospend joins PIMFA WealthTech with Pay-by-Bank solution
UK-based open banking provider Ecospend has joined PIMFA WealthTech, the digital marketplace and industry network to boost collaboration and innovation within wealth management.
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