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Tag: neobank

Australian digital bank Xinja Bank secures AUD $433m in funding for...

Australian challenger bank Xinja Bank has collected a AUS $433m ($258m) from Emirates’ World Investments.

Robert Bell of 86 400 believes that open banking won’t show...

If everything goes according to plan, then Australia will introduce open banking in July. The founder of neobank 86 400 cannot wait, but believes the benefits will take some time to manifest.

Backbase opens the doors to new Asia Pacific headquarters in Singapore

Amsterdam-based Backbase is going global. Having already opened a new office in Dubai in October, the banking software provider is strengthening its grip of the Asia Pacific (APAC) market.

Neobank EpiFi raises funds ahead of its launch

EpiFi, an Indian neobank, has reportedly raised $13.2m in its seed funding round as it gears up for the launch of its platform.

Spain’s MyInvestor scores €20m funding round

Spanish challenger bank MyInvestor has scored €20m in a new funding round on the back of a successful year of growth.

Neobank FairMoney said to close €10m Series A

Neobank for the emerging markets FairMoney has reportedly raised €10m in a Series A funding round.

Joust Labs nets $2.6m seed round led by PTB Ventures

Joust Labs, a US challenger bank focused on freelancers and entrepreneurs, has closed its seed round on $2.6m.

Challenger bank 86 400 is ready to compete with the big...

Australians just got more banking options with 86 400 getting a licence to operate as an authorized deposit-taking institution in the country. In other words, it now has permission to operate as a bank in Oz.