Zopa Raises $300 Million Led by Softbank Vision Fund 2 to Build the UK’s Best Bank for Lending and Savings
· Launched in June 2020, Zopa bank is one of the UK’s newest digital banks, built on its unique legacy as the world’s first Peer-to-Peer lender · It meets customer needs by focusing on how they borrow and save, the two things with the most impact on consumer finances · Latest financing is a clear validation of Zopa’s sustainable lending model and of its strong unit economics
FIBR brings EUR 1bn of lending to help European SMEs thrive post-pandemic FIBR, the connected digital bank, has launched with the sole focus of servicing European SMEs, through combining the stability of a bank with the agility and technology of a fintech.
- 14.10.2021 05:00 pm
- Digital banking
AllianceBlock and dua are teaming up to create a digital banking solution for dua’s community leveraging AllianceBlocks technology.
- 14.10.2021 11:20 am
- Digital banking
Virgin Money Sustainable Business Coach provides an objective assessment of a business’ ESG impacts, with guidance on how to improve Free app is available to all UK businesses, not just Virgin Money customers App was developed in partnership with fintech Life Moments and not-for-profit Future-Fit Foundation
Digital Bank Zopa Appoints M&S & PepsiCo Alumni Helen Beurier as First Chief People Officer to Lead HR and Talent Drive Ahead of IPO
Digital bank Zopa has announced the appointment of Helen Beurier as its first Chief People Officer.
- 13.10.2021 07:03 pm
- Digital banking
Banks all over the world are under pressure: Low interest and high cost for legacy technology combine to threaten their margins. A new generation of consumers feels they are irrelevant. Regulators demand they be open for integration with external services and technologies in the context of Open Banking. And newly founded digital banks are adding to the pressure on incumbents because they are not burdened by legacy technology and processes.
Staking services will enable institutions to earn rewards on Proof-of-Stake protocols including Polkadot, Tezos, and Cardano The platform addresses market demand for institutional-grade digital asset yield and earning services Comprehensive earning services include staking, DeFi, and centralized lending and borrowing
Temenos Selected by Green Dot to Help Build and Power the Digital Bank and Fintech’s Cloud-based Processing Platform
The Temenos Banking Cloud will enable greater features, functionality and scalability on a more streamlined, secure platform for Green Dot’s direct and banking platform services’ customers
Fintech Startup Fills Gaps Left by the Traditional Financial System CapWay, Inc., a financial technology startup based in Atlanta, has announced the launch of its neobank, the core service in its financial system of inclusive products and services. With a CapWay Money Account and CapWay Visa (virtual and physical) debit card, benefits include the ability to make online transactions, send and receive money, and round-up change per transaction to... more
During the last few years, the financial sector has made huge transitions, coming up with new ways of serving its clients. What has streamlined these transitions is the rapid development and deployment of technology. Technology is a significant component of the finance sector these days, and fintech is the new, emerging, niche sector with massive monetary backing.