Tag: Mobile Banking

illimity Bank buys 50% of Fabrick’s stake in HYPE Money

illimity Bank and Fabrick have entered an agreement to the shared ownership of open banking platform HYPE Money.

Has digital banking caused a rise in mobile deposit scams?

Fraud is on the rise and part of it is due to the growing adoption of mobile banking, according to a new report from Advanced Fraud Solutions (AFS).

Teenager neobank Walrus said to raise pre-seed round

Walrus is a mobile banking app aimed at teenagers and it has reportedly closed pre-seed capital to support its growth.

Mobile banking market expected to be worth $1.82bn by 2026

The global banking mobile market is expected to grow at a compound annual growth rate (CAGR) of 12.2% between 2019 and 2026, according to Allied Market Research.

Pillar launches app to aid student loan repayments, alongside $5.5m seed...

Pillar, which helps users manage and save money to improve student loan repayments, has launched its services, marking this with the $5.5m seed round close.

Lunar Way selects Tink’s API to provide new mobile banking app...

Danish challenger bank Lunar Way has chosen the Tink API to add new payments and personal finance tools to its mobile banking app.

Neobank SOL Wallet launches in South Africa

FinTech startup SOL Wallet has launched its mobile and web banking offering in South Africa. SOL Wallet's digital platform allows users to manage multi-currency accounts...

Mobeewave picks up $16.5m in Series B round

Canadian payments start-up Mobeewave has raised $16.5m in Series B funding round led by NewAlpha Asset Management, Mastercard and Forestay Capital. The business has planned...

Ualá said to raise $34m in Series B led by Goldman...

Ualá, a mobile banking platform, has reportedly raised $34m in its Series B round led by Goldman Sachs Investment Partners.

Mobile banking app Numbrs closes new funding round

European Mobile banking app Numbrs has raised a new undisclosed round of funding, which brings its total funding efforts to $150m.

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