Neobanks

Neobank Bunq Looks to Court UK’s Digital Nomads
Neobank Bunq Looks to Court UK’s Digital Nomads
June 03, 2024  |  Digital Banking

Dutch neobank Bunq is reportedly aiming to return to the U.K. Founder and CEO Ali Nikham told CNBC in a report published Monday (June 3) that the company is...

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UK Neobank Monzo Marks First Profitable Year 
UK Neobank Monzo Marks First Profitable Year 
June 03, 2024  |  Digital Banking

British neobank Monzo is planning further expansion as it marks its first profitable year. The company’s annual report, released Monday (June 3), showed its profit...

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Zopa CEO Doubts UK FinTechs Will Go Public This Year
Zopa CEO Doubts UK FinTechs Will Go Public This Year
April 15, 2024  |  IPO

British digital bank Zopa is profitable and getting closer to going public.  But CEO Jaidev Janardana told the Financial Times (FT) Monday (April 15) that while the company...

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Revolut Investor Says FinTech’s Value Has Jumped 45%
Revolut Investor Says FinTech’s Value Has Jumped 45%
April 15, 2024  |  Digital Banking

A Revolut investor reportedly believes the FinTech’s value has climbed 45% since last year. An investment trust overseen by Schroders has upped its stake in the British company, from 7.88 million...

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Keytom Launches Digital Asset-Focused Neobank
Keytom Launches Digital Asset-Focused Neobank
April 09, 2024  |  Cryptocurrency

Keytom, a neobank centered around digital assets, has announced its launch. The Dubai-based company said its goal is to introduce “a new era of financial...

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Monzo Valued at $5 Billion as Neobank Plans Expansion
Monzo Valued at $5 Billion as Neobank Plans Expansion
March 05, 2024  |  Digital-First Banking

UK digital bank Monzo has been valued at $5 billion following a $430 million funding round. The round was led by Alphabet’s CapitalG group as well as Google Ventures, HongShan Capital and...

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Nubank Approaches $1 Billion in Revenue Amid Mexican Expansion
Nubank Approaches $1 Billion in Revenue Amid Mexican Expansion
February 06, 2024  |  Digital Banking

Brazilian neobank Nubank is predicting it will someday become Latin America’s largest financial service company. “I think that will happen eventually,” CEO David Vélez told the Financial Times (FT)...

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Meet the Neobank That Counts Only Doctors as Customers
Meet the Neobank That Counts Only Doctors as Customers
January 24, 2024  |  Banking

Picture this: a 28-year-old $400,000 in debt who has never held a job.  Would you give them a loan? Chances are, probably not. And that’s...

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The Infrastructure Challenge for Instant Payments in 2024
The Infrastructure Challenge for Instant Payments in 2024
December 22, 2023  |  Faster Payments

As the payments industry gears up for 2024, exciting transformations are on the horizon. Many, in fact, are already here. And for those transformations that...

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