Digital banking

French Unicorn Qonto Buys German Competitor Penta

2 years 4 months ago
Digital banking

Qonto, an online payment solution targeted at freelancers and SMEs, has announced its intention to acquire German fintech, Penta. The deal is expected to close within the next few weeks. Qonto aims to combine its wider reach and core banking system with Penta’s knowledge of the German market. Both companies have ambitions to create higher-value products for their users and expand their markets.

Open’s Cross-border Payments Product gets a Go-ahead from RBI

2 years 5 months ago
Digital banking

OPEN, the world’s fastest-growing digital banking enterprise on Tuesday received a go-ahead from the Reserve Bank of India (RBI) for its new cross-border payments product. This comes after OPEN completed the test phase of the second cohort under the RBI’s regulatory sandbox structure themed ‘Cross Border Payments’.

Personetics Partners with Japan's Leading Innovator in Digital Banking, iBank

2 years 5 months ago
Digital banking

Personetics, the leading global provider of financial data-driven personalisation and customer engagement solutions for financial institutions, today announced a new partnership with iBank Marketing Co., Ltd., a subsidiary of Fukuoka Financial Group and widely recognised as Neobank in Japan.

Moxo and Kasisto Partner To Strengthen Client Interactions In Financial Services

2 years 5 months ago
Digital banking

Moxo, the industry's leading client interaction workflow solution, today announced a partnership with

Digital Bank Zand Receives UAE Central Bank Licence

2 years 5 months ago
Digital banking

Zand, UAE’s first digital bank to provide both retail and corporate services, announced that it has been granted a banking licence from the Central Bank of UAE to become Zand Bank. The digital bank is now authorised and regulated to operate as a fully independent commercial lender.

Virgin Money Teams up with Untied to Power Tax for SMEs

2 years 5 months ago
Digital banking

Virgin Money has announced that it is linking up with untied, the UK personal tax app, to offer tax capabilities for sole traders who have a Virgin Money business current account.

National Tournament Sponsor Starling Bank Launches Industry-first Game to Celebrate UEFA Women’s EURO 2022 Teams

2 years 5 months ago
Digital banking

Starling Bank today launches the first-ever Fantasy Football game for the UEFA Women’s EURO ahead of the official tournament kick-off on Wednesday 6th July.

UK Digital Bank, Kroo, Announces Receipt of Full UK Banking Licence

2 years 5 months ago
Digital banking

UK Digital Bank Kroo is delighted to announce they have been granted their full banking licence by the Bank of England. Kroo is only one of 2 banks to have been granted a Banking Licence with a personal current account since August 2016. Kroo launched its prepaid offering using state-of-the-art tech to ensure a fully mobile experience in February 2019 and has built a customer base of 23,000.

ZikZuk Technologies Selected for the ‘Test Phase’ for MSME Lending Under RBI’s Regulatory Sandbox

2 years 6 months ago
Digital banking

ZikZuk Technologies, a leading player in solving credit challenges faced by MSMEs, has been selected by the RBI for the ‘Test Phase’ for MSME lending as part of the third cohort under RBI’s Regulatory Sandbox.

Digital Bank Zopa Enters BNPL Space with Suite of Regulated Products

2 years 6 months ago
Digital banking

Digital bank Zopa has entered the BNPL space with a suite of fully regulated products that prioritise transparency and customer protection. Setting its sights on the UK’s £6 billion BNPL market, Zopa brings a simple and fair option for larger purchases (£250 - £30,000) that may take customers months or years to save up for.

Ziglu Partners With ClearBank to Offer Virtual GBP Bank Accounts

2 years 6 months ago
Digital banking

ClearBank, the cloud-based clearing bank, today announced that it is providing agency banking services to UK-based money app Ziglu. ClearBank’s technological infrastructure, regulated payment rails and treasury management service have bolstered Ziglu’s banking and investment offerings, enabling Ziglu to offer virtual GBP accounts to its customers.

03/06 – Weekly Fintech Recap

2 years 6 months ago
Blockchain, Digital banking, Open Banking, Payments, Banking, M&A Deals, People Moves

Partnerships Binance selects TripleA as Global Cryptocurrency Payment Gateway

New Digital Banking Report by BPC and Kapronasia Highlights Critical Insights for Payment Providers as Asia-Pacific Set to be the Fastest-Growing Region for Cashless Transactions

2 years 6 months ago
Digital banking

BPC and Kapronasia today announced the launch of a new report that focuses on digital transformation in the financial services industry and key implications for payment players.

Neobank Brand New Day Selects Sentinels for AML Compliance

2 years 6 months ago
Digital banking

Brand New Day, a leading neobank in the Netherlands, has opted for Sentinels, Europe’s leading intelligent transaction monitoring and client risk management platform, to scale its anti-money laundering (AML) controls.