Digital Bank Zopa in Talks to Raise Another $100M from Investors
- 3 years 9 months ago
- Digital banking
UK digital challenger Zopa is in talks to raise $100 million in what could be its final funding round before going public, according to Sky News. The bank is in talks with new and existing shareholders about the raise, which would value it slightly higher than its £750 million valuation at a £220 million round last October.
SEON Says ‘Neobanks are Here to Stay’ in New Report
- 3 years 9 months ago
- Digital banking
In the latest of its series of insightful industry reports, fraud fighters, SEON has released a new research paper, which assesses the state of the neobanking sector around the world following the Covid-19 pandemic.
Chase Exceeds One Million UK Customers as it Marks First Year Anniversary
- 3 years 9 months ago
- Digital banking
More than one million U.K. customers now bank with Chase, just 12 months after opening its digital bank in the U.K. On its first anniversary, Chase now holds over £10 billion* in customer deposits in the U.K. and has processed approximately 92 million card and payment transactions since launch.
RazorpayX and Zaggle to Enable Employees to Save up to Rs 40K in Tax
- 3 years 9 months ago
- Digital banking
RazorpayX, the neo-banking arm of Razorpay today announced its partnership with Zaggle, a B2B SaaS FinTech company to provide businesses with an easy-to-use plug-and-play solution to enable Flexible Benefits Program further enhancing the employee experience. This partnership will enable businesses to manage all employee tax benefits and perks on a single dashboard, au
Compass Plus Technologies Launches New Cutting-edge Mobile Banking Solution
- 3 years 9 months ago
- Digital banking
A new mobile-first banking solution, launched by Compass Plus Technologies, will save FIs both time and money when developing a mobile banking app. The traditional approach to designing and launching mobile banking solutions often involves lengthy developments and costly customisations.
Taiwan's SinoPac Selects Temenos for Seamless, Personalized Digital Banking
- 3 years 9 months ago
- Digital banking
Temenos (SIX: TEMN) today announces that SinoPac, one of Taiwan's largest banks, has selected Temenos to advance its digital banking capabilities. Temenos digital banking solution on Temenos open platform for composable banking will enable SinoPac to differentiate in a crowded banking market with seamless and personalized digital banking experiences, helping it attract new customers and grow wallet-share.
Avenue Bank Reimagines SME Business Banking with nCino
- 3 years 9 months ago
- Digital banking
nCino, Inc.
Fondy to Offer Merchant Customers Virtual IBAN Accounts and More Through New ClearBank Integration
- 3 years 9 months ago
- Digital banking
ClearBank, the enabler of accounts, real-time clearing, and embedded banking for financial institutions, today announced its integration with Fondy, a one-stop payment platform, to provide e-commerce companies with an efficient, easy-to-implement shop payment solution. This solution will allow companies to manage and control their money flow – from acceptance of payments, IBAN accounts, and payouts to third parties.
Revolut Launches Revolut Pro Account for Income, Payment and Expense Management for Freelancers, Gig Workers and the Self-employed
- 3 years 9 months ago
- Digital banking
Revolut has introduced a dedicated income, payment and expense management account for freelancers, sole traders, contractors, and the self-employed. Housed within the Revolut retail app, Revolut Pro is initially launching in the UK and seven other European countries, providing a free account with no monthly fees, and no deposit or balance requirements.
FV Bank Announces Strategic Integration with Circle
- 3 years 9 months ago
- Digital banking
FV Bank, the U.S. licensed global digital bank that offers a vertically-integrated suite of traditional and digital asset banking and custody services to fintech and blockchain firms, has today announced the launch of a new service for FV Bank account holders: the ability to instantly and automatically convert Circle’s USD Coin (USDC) into USD at the moment of deposit.
Digital Bank FairMoney Partners with Oradian to Accelerate Market Growth
- 3 years 9 months ago
- Digital banking
FairMoney, a credit-led mobile banking platform for emerging markets in Africa and Asia, has partnered with Oradian, a cloud-based core banking system, to power its next stage of growth and product innovation.
Citadel Credit Union Chooses Lumin Digital as Enhanced Digital Banking Services Partner
- 3 years 9 months ago
- Digital banking
Lumin Digital announced today that Pennsylvania-based Citadel Credit Union has signed a multi-year agreement for Lumin Digital's cloud-based online and mobile digital banking platform. Lumin will support Citadel's 245,000-plus members and $5 billion in assets when the platform is launched in 2023.
NCR Named Top Five Technology Provider in the IDC FinTech Rankings
- 3 years 9 months ago
- Digital banking
NCR Corporation, a leading enterprise technology provider, moved up to #4 on the 2022 IDC FinTech Rankings Top 100, a comprehensive list of the financial services industry’s leading global hardware, software and service providers. NCR celebrates a top 10 ranking as an IDC FinTech leader for more than a decade.
WeLab and Astra Complete the Acquisition of Bank Jasa Jakarta
- 3 years 9 months ago
- Digital banking
WeLab, a leading pan-Asian fintech platform, today announced the completion of the acquisition of an Indonesian commercial bank, PT Bank Jasa Jakarta (BJJ), together with PT Astra International Tbk (Astra), one of Indonesia's largest public companies. The completion is marked by the issuance of acquisition approval by the Financial Services Authority (OJK).
Singapore-based Digital Bank Trust Reaches 100,000 Customers
- 3 years 9 months ago
- Digital banking
Trust announced today that its community of customers has reached 100,000 following its launch on 1 September 2022. Sign-ups were received from a diverse range of users in Singapore aged 18 to over 90.
