Tag: Neobanks

Can banks beat neobanks at their own game?

Challenger banks have spent the better part of the last decade turning the banking world on its head, but is there a way for incumbents to bridge the technology divide?

Monzo and Starling Bank lead service quality league

Challenger banks Monzo and Starling Bank led the list that provided the best service among the UK's 19 largest personal account providers, according to new research from British regulators.

Why neobanks may not be as popular as people think

It's easy to be taken in by the flashy digital offering of challenger banks, but new research suggests that they may not be as popular as people think.

Starling Bank reaches profitability as it eyes European expansion

UK-based neobank Starling has just cut even and expects to remain profitable as it plans to roll out its services across Europe.

BearingPoint RegTech launches new solution to reduce complexity for banks

BearingPoint RegTech has launched an outsourcing solution for regulatory reporting that will diminish the cost of compliance for institutions.

Challenger bank AideXa bags €45m in new funding

Italian neobank AideXa has secured €45m in seed capital to create a FinTech company focused on small businesses.

Revolut’s latest give is the launch of a new subscription feature

Having made several initiatives recently to better position itself in the market, UK challenger bank Revolut is now launching a new subscriptions feature to give customers more control over their recurring expenditure.

Revolut rumoured to soon apply for California banking licence

UK-based challenger bank Revolut is reportedly on the cusp of applying for a banking licence in California.

Fondeadora said to close $14m Series A as it pushes to...

Fondeadora, a new challenger bank based in Mexico, has reportedly bagged $14m in its Series A to help with its goal of becoming a full-stack neobank.

Hong Kong-based neobank WeLab opens 10,000 accounts in first ten days

New digital bank WeLab has celebrated opening 10,000 accounts within its first ten days of its launch, demonstrating how challenger banks are taking off in Asia.

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2023 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week