Tag: Neobanks

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.

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

The European challenger bank YAPEAL has launched a new digital wallet with the help of Marqeta's modern card issuing platform.

Neobanks in the Nordics are on the rise and Swedish contender Northmill has not been resting on its laurels to meet the demand, having just introduces fixed-rate savings accounts.

Investment in the sector is expected to slow down for the remainder of the year as the momentum from record H2 2019 wears off

Neobanks are transforming finance around the world. However, some are making bigger waves than others.

European neobanks have taken steps to limit the impact COVID-19 will have on their businesses.

While British neobanks gained six million new customers in the last six months of 2019, losses and the looming threat of big tech are issues they still need to take seriously.

Entrepreneurs with no financial services background still build superior FinTech startups to those from traditional finance or banking businesses, according to venture capital firm Earlybird's Christian Nagel.