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Tag: neobank

Chime has launched a new card and tool to help customers...

US challenger bank Chime has launched a new type of payment card to help millennials establish a credit history in a time when many young customers don't have one.

Dutch neobank bunq announces record year and continued growth despite Covid-19

European challenger bank bunq has doubled its user deposits and grown its workforce despite the global pandemic.

Revolut users can now trade with silver on the challenger bank’s...

UK neobank Revolut has announced that its standard, Premium and Metal customers can now access silver through the Revolut app.

Pockit accounts are back in service after FCA lifts Wirecard restrictions

Neobank Pockit was one of the FinTech startups that had to halt its services after the Financial Conduct Authority (FCA) froze all of Wirecard's regulated activities, but now it is back in business.

OakNorth rumoured to be working on a $300m secondary offering of...

UK challenger bank OakNorth is reportedly in the process of preparing a secondary offering to enable investors to cash in on their holdings, according to Sky News.

FinTech veterans to bring neobank JinglePay to the Middle East

Dubai-based Jingle Pay is a new challenger bank that has announced plans to change the banking world for millennials in the Middle East.

Environmentally friendly-focused neobank Aspiration closes $135m Series C

US neobank Aspiration has scored $135m in its Series C round to help it provide its customers with more financial products and services.

Monzo CEO steps down to become company president

Tom Blomfield has swapped his CEO title for a president role at Monzo as the challenger bank is dealing with COVID-19 fallout.

Why indó’s founders aim to create “the least powerful bank in...

On the back of closing a €1m seed round, Icelandic challenger bank indó is almost ready to go live.

Chime runs 60% of the US digital banking market

Revolut, N26 and Monzo might have entered the US over the years to some extent, but Chime is still dominating the country’s digital bank market.