Seven 2019 setbacks these challenger banks probably want you to forget
Challenger banks are on the rise around the world, but things are not always running as smoothly as they could.
Mobile banking app Fundall closes its pre-seed on $150,000
Nigeria-based Fundall, a mobile banking platform, has closed its pre-seed funding round on $150,000 to support its launch.
How Sweden aims to become a FinTech superpower
The Nordics in general and Sweden in particular are experiencing a FinTech boom. However, new regulations and investment worries could slow down the growth....
GCC’s first digital bank aimed at migrant workers NOW Money nets $7m round
NOW Money, which claims to be the first digital bank for low-income migrant workers in the Gulf Cooperation Council, has netted $7m in funding.
What’s going on in the Nordic challenger bank scene?
Neobanks in the Nordics may have had a slow start, but things may soon be about to change.
Data protection is the top priority for UK banking customers
Data protection and security are of the highest importance for UK banking customers as financial services become increasingly dependent on digital interactions, according to a new study.
Northmill has rebought bonds worth £4.77m to boost its net interest income
Swedish neobank Northmill has repurchased bonds with a nominal value of SEK5.5m (£4.77m). The repurchase concerns the challenger bank’s senior unsecured bonds with a nominal outstanding amount of SEK500m (£41.48m).
Business banking app Novo reaches $700m valuation
Small business banking platform Novo has reached a $700m valuation following the close of its Series B round on $90m.
UP Fintech introduces new WealthTech solution Fund Mall to its Tiger Trade platform
Online brokerage firm UP Fintech has announced a new WealthTech solution to provide customers with a one-stop-shop for investing in global mutual funds.
MinePlex raises $100m for its new mobile bank
MinePlex, which claims to be a new-generation mobile bank, has raised $100m in funding.