Tagged: digital bank

September 17, 2026 @ 11:36 am By JD Alois  |  

Nik Storonsky, CEO and co-founder of digital bank Revolut, was in France this week after receiving approval for a French banking license. Speaking with Les Echos, the country’s leading financial publication, Storonsky said Revolut may dual-list its shares on Nasdaq and the London Stock Exchange… Read More

September 15, 2026 @ 10:48 pm By Omar Faridi  |  

Latin America’s digital bank Nubank (NYSE:NU) has taken another step beyond its home markets. Nu, which already serves more than 140 million customers in Brazil, Mexico and Colombia, has entered a strategic alliance with Swiss digital asset bank Sygnum to support the launch of Nu… Read More

September 15, 2026 @ 7:49 am By Omar Faridi  |  

Nubank (NYSE:NU), which has become one of Latin America’s largest digital banks, has begun offering deposit accounts and a broader set of everyday banking products to customers in the United States. The company, which operates under the parent name Nu Holdings, said the U.S. rollout started… Read More

September 14, 2026 @ 2:28 pm By Omar Faridi  |  

Digital bank Revolut is facing a public extortion campaign after criminals began publishing identity files taken from a recent customer-data incident, just as the company presses ahead with plans to enter Israel. The firm has confirmed that an unauthorized party obtained sensitive records after submitting… Read More

September 13, 2026 @ 4:34 pm By Omar Faridi  |  

Revolut customers have been told that a subset of their most sensitive records was released after the company treated a fraudulent information demand as a genuine government inquiry. The episode became public on 11–12 September 2026 after affected users received notices and investigators circulated excerpts…. Read More

September 9, 2026 @ 3:10 pm By Omar Faridi  |  

Block Inc. (NYSE: XYZ) has taken a notable step toward deeper integration with the U.S. banking system by applying for a specialized federal charter. The payments and financial technology company, led by co-founder Jack Dorsey, disclosed on September 8, 2026, that it submitted a request… Read More

September 4, 2026 @ 9:04 am By Omar Faridi  |  

Revolut has taken a major step toward operating as a fully licensed bank in the United States. On September 3, 2026, the company said the Office of the Comptroller of the Currency (OCC) granted preliminary conditional approval for a national bank charter that would allow… Read More

September 1, 2026 @ 11:46 am By JD Alois  |  

Republic Europe has announced an opportunity to own shares in Mercury, a San Francisco-based neobank, through a secondary offering listed on its platform. Secondaries, or issued shares in private firms, have become an important revenue generator for securities crowdfunding platforms. Shares of more mature private… Read More

August 26, 2026 @ 2:14 pm By Omar Faridi  |  

Revolut is taking clear steps toward creating its own exchange-traded funds, marking an evolution in its investment services. Recent filings show that the company has registered an entity known as Revolut Strategies ICAV with Ireland’s central banking authority. The incorporation papers explicitly allow for the… Read More

August 26, 2026 @ 8:22 am By Omar Faridi  |  

Revolut has introduced EURR, a digital asset designed to track the euro on a one-to-one basis. This euro-denominated stablecoin marks a significant step for the fintech company as it expands its offerings into regulated blockchain-based money. Aimed at bridging traditional finance with digital assets, EURR… Read More

August 24, 2026 @ 12:28 am By Omar Faridi  |  

Digital bank Revolut has applied to open a branch in Finland, aiming to deliver local account details and closer everyday banking options to its existing users there. The fintech firm, operating in the European Economic Area through its Lithuanian-licensed entity Revolut Bank UAB, confirmed that… Read More

August 13, 2026 @ 4:55 pm By JD Alois  |  

Wellington Management Group has filed a Form 13-G with the Securities and Exchange Commission (SEC), indicating that it controls 13.3% of Happen’s (NASDQ:HAPN) shares. Happen previously did business as LendingClub. The filing indicates it is a passive investment and does not seek control. Wellington now… Read More

August 13, 2026 @ 8:32 am By Omar Faridi  |  

Digital bank Revolut reportedly scales back WeWork access for its premium membersRevolut, one of Europe’s leading digital banks, has quietly reduced the WeWork coworking space benefits available to customers on its higher-tier paid plans. The change, which took effect in early August 2026, followed negotiations… Read More

August 13, 2026 @ 8:29 am By Omar Faridi  |  

European digital bank N26 has rolled out support for Wero, the pan-European instant payment system, inside its mobile app. The Berlin-based neobank announced the integration on 11 August 2026, making the service available to eligible customers in Germany and France. A gradual expansion to additional… Read More

August 12, 2026 @ 3:28 pm By JD Alois  |  

This past week, it was reported that Netherlands-based digital bank bunq had been denied a US charter by the Office of the Comptroller of the Currency. The response sent to bunq’s legal representation in the US was uncharacteristically harsh and critical of the Fintech’s attempt… Read More

August 11, 2026 @ 4:24 pm By Omar Faridi  |  

Erebor Bank, a Columbus, Ohio-based digital bank that targets high-net-worth individuals and startups, may soon receive a $1.5 billion investment, according to reports. The anticipated round would place the bank’s pre-money valuation is expected to be $8 billion. The funding is reportedly about 2X the… Read More

August 11, 2026 @ 7:53 am By Omar Faridi  |  

The Office of the Comptroller of the Currency (OCC) has rejected an application from Amsterdam-based digital bank Bunq to establish a new national bank in the United States. In a decision letter dated August 4, 2026, and made public shortly thereafter, the regulator determined that… Read More

August 11, 2026 @ 6:42 am By Omar Faridi  |  

Revolut has secured a regulatory milestone for its French subsidiary, Revolut Bank S.A., by obtaining authorization to operate as a bank. The approval followed a review conducted by France’s Autorité de Contrôle Prudentiel et de Résolution and the European Central Bank. The Fintech already counts… Read More

August 9, 2026 @ 11:12 am By Michael Wong  |  

Philippine digital bank Maya has called for the country’s financial inclusion efforts to move beyond expanding account ownership and focus more on whether consumers are building savings, gaining access to responsible credit, and becoming more resilient to financial shocks. Formal account ownership in the Philippines… Read More

August 8, 2026 @ 7:35 am By Omar Faridi  |  

UK digital bank Monzo has surpassed one million business accounts, marking a significant milestone for the challenger more than six years after introducing the service. Monzo Business announced the achievement in late July 2026, confirming it now supports over a million UK business customers. This… Read More