Home Tags Neobank
Challenger bank OakNorth Bank has completed a £4.4m Coronavirus Business Interruption Loan Scheme (CBILS) loan to complete the development of a care home.
Tyme, a neo bank focused on Asia and Africa, has raised $110m in funding, as it prepares to apply for a banking license in the Philippines.
Challenger bank Fair has closed a $20m investment round and announced that it will open early bird membership enrolment in March as it eyes April launch.
Digital banking platform Oxygen has collected $17m in its Series A funding round, which will help it build new banking products.
Challenger bank Current has secured $131m in a Series C funding round led by Tiger Global Management to work towards making the financial lives easier for its users.
Hot on the heels of being granted a restricted banking licence in October, the UK challenger bank Monument has now announced the key providers to help it build its digital bank for high-earners.
Italian challenger bank illimity has reported a 31% jump in profits in the third quarter compared to the second one this year.