Tonik Raises US$17M in Pre-Series B Funding
- 2 years 11 months ago
- Payments, Banking, Online Banking
Tonik, the first neobank in the Philippines, announced today that it raised US$17M in Pre-Series B funding. The round comes on the heels of Tonik’s highly successful public launch in March 2021, which saw it secure over 1 billion pesos (US$20M) in retail deposits in under 1 month - a historical record for any new bank launching in the Philippines.
Transfers to Tonik Now Available Via PESONet
- 2 years 11 months ago
- Banking, Online Banking
The Philippines’ first neobank Tonik is ramping up the convenient banking features on its game-changing app through tying up with PESONet to enable safe and secure electronic fund transfers to Tonik account from other banks. The announcement comes on the heels of Tonik’s highly successful public launch in March 2021, which saw it secure over 1 billion pesos (US$20M) in retail deposits in under 1 month - a historical record for any new bank... more
Apex Group Appoints Former Investec Bank Executive in Trio of Digital Banking Hires
- 3 years 2 days ago
- Banking, Online Banking, Financial
Apex Group Ltd., a global financial services provider, announces today the appointment of Alistair Stuart to the newly created position of Head of Digital Banking. The Group’s Digital Banking leadership team is further strengthened with the hires of Ankit Shah as Head of Digital Banking Business Development and Neale Croutear-Foy as Chief Technology Officer, Digital Banking.
Tide Selected for Tech Nation Future Fifty Following Strongest Year of Growth
- 3 years 2 days ago
- Platform Technology, Online Banking, Financial
Tide, the UK’s leading business financial platform, has become one of the latest to be selected to join Tech Nation’s Future Fifty programme, designed to bring together, empower and accelerate the growth of the most successful tech companies in the UK.
Santander UK Announces Senior Technology Appointments
- 3 years 1 month ago
- Online Banking, People Moves
Santander UK today announced the appointment of Graham Calder as interim Chief Information Officer and Daryl Brookes as Director of IT Operations & Service Delivery. Graham will lead the delivery and development of Santander UK’s ambitious technology strategy and IT transformation plan, supporting Santander’s aim to become a digital bank with a human touch. Daryl will report to Graham and focus on delivering industry-leading levels of IT ... more
Íslandsbanki launches Meniga's ‘Carbon Insight’ Service to Help Customers Fight Climate Change
- 3 years 1 month ago
- Personal Finance, Online Banking
Meniga (www.meniga.com), the global leader in personal finance banking solutions, today announced that it has partnered with Íslandsbanki, one of Iceland’s largest banks, to launch its new innovative green banking solution, ‘Carbon Insight’, enabling Íslandsbanki’s mobile banking app users to track their carbon footprint.
Manchester Credit Union to Offer Real-Time Payments via ClearBank
- 3 years 2 months ago
- Payments, e-Payments, Online Banking
ClearBank, the cloud-based clearing bank, today announced it has enabled real-time payments for Manchester Credit Union members.
Trustly Expands Into Australia and Canada
- 3 years 7 months ago
- Payments, Online Banking
Trustly, the global leader in Online Banking Payments, is pleased to announce that it is expanding its offering to Australia and Canada. Expansion into Australia marks Trustly’s first step into the Asia-Pacific region, while Canada bolsters its North American market coverage. Together, these two countries represent a momentous move in Trustly’s plan to develop a global Online Banking Payments network, adding to Trustly’s existing coverage in... more
FreeAgent Launches Integration With NatWest Online Banking
- 3 years 8 months ago
- Online Banking, Cloud, Accounting
Cloud based accountancy software provider FreeAgent has today launched a series of improvements that will allow its customers to oversee, plan and protect their business with more than ease than ever before. From today, FreeAgent is visible within NatWest’s online digital banking platform, allowing businesses who bank with NatWest to view their finances and accounting together.
Warba Bank digitizes online banking and enhances customer experience with Nutanix
- 3 years 10 months ago
- Online Banking
Nutanix (NASDAQ: NTNX), a leader in enterprise cloud computing, today announced that Kuwait’s Warba Bank has digitally transformed its financial services and mobile banking using the power of Nutanix’s hyper-converged infrastructure platform.
Trustly announces strategic minority investment by a consortium of investors to support further expansion
- 3 years 10 months ago
- Investment Management, Payments, Online Banking
BlackRock Private Equity Partners, through its private equity funds and accounts under management, together with a consortium of institutional investors, including among others, Aberdeen Standard Investments, funds managed by Neuberger Berman, Investment Corporation of Dubai and RSIC, are becoming minority shareholders in Trustly, the world’s leading online account-to-account (A2A) payments provider. Nordic Capital remains the majority... more
World`s Top Three Online Banks Hit 38,4 Million Customers, a 255% Increase in Two Years
- 3 years 10 months ago
- Online Banking
Recent years have witnessed a surge in the number of digital bank users, with millions of people choosing app or web-based bank over a traditional high-street financial institution.
Meniga closes a €8.5m strategic investment round led by Groupe BPCE, Grupo Crédito Agrícola & UniCredit
- 3 years 10 months ago
- Banking, Online Banking, Infrastructure
Meniga, a leading provider of digital banking technology for the world’s largest banks, has closed a €8.5m strategic investment led by customers Groupe BPCE, the second-largest banking group in France and lead investor in this round, Portugal’s Grupo Crédito Agrícola and long-standing strategic partner UniCredit. Other participants in the round include current institutional investors Velocity Capital, Industrifonden & Frumtak Ventures.
1 in 4 bank branches will close across Europe in next 3 years, according to Kearney analysis
- 3 years 10 months ago
- Covid-19, Online Banking
Analysis from global consultancy partnership Kearney predicts that 25% of bank branches will close across Europe in the next three years as new customer habits around digital banking, forced by the pandemic, become permanent. This is a sharp increase in the ongoing trend of bank branch closures across Europe, which saw 35% branch closures in the last ten years.
DriveWealth Forges Agreement with Access Softek to Bring U.S. Stock Investing to Credit Union Members, Community Bank Customers
- 3 years 11 months ago
- Online Banking, Mobile Banking
DriveWealth, LLC, a U.S.
