Latin American neobank Nubank more than doubles valuation to reach a colossal $25bn
Latin American challenger bank decacorn Nubank has reportedly more than doubled its valuation to reach an eye-watering $25bn.
OakNorth Bank founder Rishi Khosla reveals how the challenger bank became profitable within six...
The UK is often hailed as frontrunner when it comes to challenger banks. However, only one of the leading brands has become profitable.
LatAm-based Plaid rival Belvo gets backing from Twitter and Wise execs in $43m Series...
Mexico City-based open finance API platform Belvo has raised $ 43m in a Series A funding round, touting it as “the largest ever Series A for a FinTech company in Latin America.”
Could the coronavirus help Revolut grow?
UK challenger bank Revolut is expected to add three million new user by June and COVID-19 could be a contributing factor.
Nigeria-based Brass collects $1.7m in funding
Nigeria-based Brass, which provides businesses with banking tools that meet their needs, has reportedly collected $1.7m in funding.
Exclusive: SPARQ founder reveals the reason why he launched the personal finance portal
On the back of a €100,000 seed capital raise earlier in April, SPARQ is now aiming to bring the company’s “unique vision” of personal finance to the rest of the EU.
Banking app Douugh collects $20m in deal with Long State Investments
Digital banking app Douugh has collected $20m in an equity placement facility agreement from Long State Investments.
Chime runs 60% of the US digital banking market
Revolut, N26 and Monzo might have entered the US over the years to some extent, but Chime is still dominating the country’s digital bank market.
Swissquote and NetGuardians unite to bolster online banking security
Swissquote, an online bank in Switzerland, has joined hands with NetGuardians, a leading player in AI-powered FinTech solutions.
How RegTech has increased the need for CTOs among asset management services
As more financial services companies turn to RegTech to ensure they meet their compliance targets, the need for tech professionals to supervise it is skyrocketing.
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