Tagged: bank

May 4, 2022 @ 9:15 am By JD Alois  |  

Zopa’s “Smart Saver” savings account feature has topped £115 million in 65 days, according to a note from the Fintech. Currently, savers earn 1.455% interest (AER) on these accounts. Zopa’s goal is to create a £225 billion “zombie money” sitting idle in UK current accounts… Read More

March 7, 2022 @ 9:37 pm By JD Alois  |  

Atom Bank, a digital bank minus any physical branches, is planning to pursue an initial public offering (IPO) in 2023, according to the company. Atom recently completed a £75 million funding round valued at £435 million. The funding was led by BBVA who acquired a… Read More

February 25, 2022 @ 5:09 pm By Tony Zerucha  |  

FV Bank, a U.S. licensed global digital bank offering a vertically-integrated suite of traditional and digital asset banking and custody services to Fintech and blockchain firms, has introduced its first application programming interface (API) to advance bank automation and integration for its clients’ operations. FV… Read More

February 16, 2022 @ 9:39 pm By Tony Zerucha  |  

The Monetary Authority of Singapore(MAS) has laid the hammer down on DBS Bank after its digital banking services were widely unavailable for three days toward the end of last November. In a public statement, the Monetary Authority of Singapore said it has imposed an additional… Read More

November 15, 2021 @ 11:18 am By JD Alois  |  

Vast Bank, a closely held chartered bank, and Bitcoin Latinum have announced a partnership that will “focus on opportunities for collaboration, deal flow, and integration among Vast Bank, Bitcoin Latinum, and Monsoon Blockchain Corporation (Bitcoin Latinum’s lead developer) all through the support of Bitcoin Latinum… Read More

February 16, 2021 @ 8:47 am By JD Alois  |  

Warburg Pincus LLC has invested $75 million into Personetics, an artificial intelligence (AI) firm providing proactive engagement for banks and other financial services firms. Terms of the investment were not disclosed. Personetics has created an AI software platform for global banks. The service is currently… Read More

December 16, 2020 @ 5:54 pm By JD Alois  |  

Last week during LendIt Fintech’s LatAm virtual event, David Velez, founder and CEO Nubank, took to the screen to share some of his experiences in launching a digital bank in Latin America that has now emerged as a hugely successful Fintech. In 2013 following years… Read More

December 15, 2020 @ 8:41 am By JD Alois  |  

Starling Bank, a digital bank that has built a substantial third party platform to offer a buffet of applications to its users, has added two new digital services to its marketplace. Starling states that both SumUP and Dinghy Insurance are now available for business customers…. Read More

November 26, 2019 @ 12:36 am By Omar Faridi  |  

Bank ABC revealed on November 24 that it has introduced “ila” Bank, as the institution prepares to enter the digital, mobile-only banking sector, beginning with the Middle Eastern country of Bahrain. The initiative’s roadmap involves promoting the new platform across the Middle East and North… Read More

July 24, 2018 @ 9:42 am By Samantha Hurst  |  

Digital challenger bank Monese has successfully attracted 500,000 sign-ups to its banking platform. Founded in 2013, Monese is licensed and regulated by the UK Financial Conduct Authority (FCA). It describes itself as an award-winning banking account that users can open instantly on their phones. The company claims… Read More

August 26, 2017 @ 8:18 pm By Samantha Hurst  |  

Challenger digital bank, N26, announced this week it now has 500,000 customers. Founded in 2013 by Valentin Stalf and Maximilian Tayenthal, N26 claims to be Europe’s first mobile bank with a full European banking license and it has redesigned banking for the smartphone by making it… Read More

April 6, 2017 @ 1:48 pm By Samantha Hurst  |  

Monzo announced on Wednesday all of its restrictions have officially been lifted and it is now a fully licensed bank. This news comes just the company raised nearly £2.4 million from close to 6,200 investors during its latest Crowdcube funding round. As previously reported, Monzo raised funding on Crowdcube in March 2016…. Read More

August 18, 2016 @ 3:41 pm By Samantha Hurst  |  

Crowdcube #FundedClub member, Mondo, may have officially picked its new name! Earlier this summer, the company announced plans to rebrand after “an undisclosed company with a similar name” was challenging them. Mondo previously stated: “It can be painful to change the name of a product, but… Read More

February 19, 2016 @ 2:51 am By Midori Yoshimura  |  

It seems that British banking and retail leader Lloyds has continued turning toward the sun and is receiving excellent care–the industry favorite is growing its fintech presence. Lloyds recently announced a new position at the company, head of fintech discovery, and has recruited Han Veldwijk, who formerly held a… Read More

November 10, 2015 @ 2:08 pm By Erin Hobey  |  

This morning, P2P-Banking.com guest writer Josep Nebot, Co-founder and Representative Director of the P2P lending platform Arboribus writes about the current situation of P2P lending in Spain. Before founding Arboribus, Nebot worked as a lawyer and an International Cooperation for Development business consultant in Spain and South America. In… Read More

April 30, 2015 @ 2:29 am By Midori Yoshimura  |  

One of India’s largest peer-to-peer lending marketplaces, Faircent.com, today announced its alliance with Yodlee, a U.S.-based leading cloud-based technology and applications platform for digital financial services, according to India.com. Faircent is the first P2P lending marketplace to align with Yodlee in Asia, India.com noted. Yodlee, led by CEO… Read More