Tag: Banking
Nuula raises $120m in funding comprised of debt and equity
Nuula, which helps companies manage their cashflow, has collected $120m in a funding round comprised of debt and equity.
Abu Dhabi Islamic Bank unveils Gen Z-targeted banking services
The Abu Dhabi Islamic Bank (ADIB) has introduced Amwali, a new digital banking proposition that will target youths between the ages of 8 to 18.
Two-thirds of European firms feel let down by banking provider during...
A survey by Parliament Street Think Tank has found up to 66% of SMEs feel they have been let down by their banking provider during the Covid-19 crisis.
India-based MoneyHOP said to close seed round
MoneyHOP, a global banking platform aimed at Indian millennials, has reportedly nabbed $1.25m in its seed round.
How can traditional banks deal with the coming wave of embedded...
The embedded finance market is currently going from strength to strength. Thanks to companies like PayPal and Klarna, many non-financial institutions are integrating financial services into their platforms. As the sector continues to expand, how can traditional banks compete?
Winvesta said to close seed round to support growth of banking...
Global banking and investing app Winvesta has reportedly closed its seed round as it looks to boost its hiring efforts and product development.
Atom Bank records £36m operating loss as it continues mission to...
UK challenger bank Atom Bank reportedly experienced an operating loss of £36m in the financial year ending March 2021, down from £46m in the previous year.
HSBC Qatar introduces mobile payments service in banking digitisation push
HSBC Qatar has unveiled a new mobile payments and collections service for its customers as it continues its investment into digitising banking services.
Honest Bank grows valuation by four-times in just over a year
Singapore-based Honest Bank has reportedly hit a $113m valuation, following the close of a $19.7m Series A.
Chime hits $25bn valuation ahead of potential IPO
Mobile banking giant Chime has reportedly hit a $25bn valuation following the close of a $750m round, which could be the precursor to an IPO later this year.
