Tagged: digital

UK Digital Bank Monese Milestone: Hits 500,000 Sign Ups

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

Hungarian Commercial Bank MKB Bank Goes Fully Digital With Oracle FLEXCUBE Implementation

On Tuesday, Hungarian commercial bank MKB Bank announced implemented Oracle FLEXCUBE to become fully digital. According to MKB Bank, the core banking solution has been adopted by more than 600 financial institutions around the world, as part of a broader restructuring project to streamline its… Read More

Citizens Financial Group Debuts Direct-to-Consumer Digital Bank

Citizens Financial Group, Inc. (NYSE: CFG) announced earlier this week the launch of Citizens Access, a nationwide, direct-to-consumer digital bank. According to the banking brand, this new online platform offers compelling deposit products to serve an increasing number of digitally-savvy customers who value the unique benefits… Read More

Bittrex Teams Up With Invest.com to Launch New Digital Trading Platform

On Thursday, U.S. blockchain trading platform Bittrex announced it has teamed up with fintech firm invest.com to open a new digital trading platform for customers in the European Union (EU). The companies reported that the platform will be launched under the invest.com brand name. Bittrex reported… Read More

Kony Debuts New Digital Banking Solution “Kony DBX”

Kony, Inc., an enterprise mobility and digital applications company, announced on Tuesday the launch of its new digital banking solution, Kony DBX. This launch of the solution comes just a little over six months after the expansion of Kony’s digital banking marketplace. According to Kony, the Kony DBX… Read More

App-Only Bank Chime Surpasses One Million Bank Accounts (Infographic)

Chime, a U.S.-based app-only bank, recently announced it has surpassed one million bank accounts. Founded in 2013, Chime is on a mission to help its members lead healthier financial lives. The company’s service is described to help customers avoid feeds, save money automatically, and improve their… Read More

Alibaba’s Ant Financial Set to Support Shanghai Pudong Development Bank’s Digital Transformation

Chinese fintech and Alibaba-affiliated Ant Financial Service Group announced on Wednesday it has signed a strategic cooperation agreement with Shanghai Pudong Development Bank Co., Ltd. to support the bank’s digital transformation with Ant Financial’s technological capabilities. Ant Financial reported that the agreement is the third of its… Read More

IBM Further Strengthens Partnership With Crédit Mutuel to Build Bank of Tomorrow

Last week, fintech firm Crédit Mutuel announced the extension of its partnership with IBM (NYSE: IBM) to devise new ways of working to better serve the bank’s 12 million customers. Crédit Mutuel reported it has selected IBM Cloud, Watson and advanced cybersecurity technologies to fundamentally change… Read More

Overfunding: Digital Only Bank Startup Fiinu Secures £500,000 Funding Target on Seedrs

App-only banking start-up Fiinu, has successfully secured its initial £500,000 funding target through its equity crowdfunding campaign on Seedrs. The initiative was launched last month and sought the funds for a 6.67% equity stake at a pre-money valuation of £7 million. As previously reported, the aspiring digital… Read More

Monzo Milestone: Challenger Bank Hits Half A Million Current Accounts (Video)

On Monday, UK-based challenger bank Monzo announced it has achieved half a million current accounts. The company launched its current accounts in October last year and since then, thousands of users have upgraded their accounts or signed up to start using Monzo’s banking products. “This… Read More

Tandem Set to Return to Seedrs For Additional £4 Million

Digital challenger bank Tandem founder Ricky Knox announced last week the bank will be returning to Seedrs, seeking to raise £4 million. This news comes one month after the company completed its acquisition of Harrod’s Bank. As previously reported,  Tandem was granted authorization to be regulated back in… Read More

Update: MarketsFlow to Close Crowdcube Round With Over £450,000 in Funding

Digital wealth management platform MarketsFlow is set to close its equity crowdfunding round on Crowdcube with more than £450,000 thanks to nearly 640 investors. The campaign was originally set to close at the end of December but was extended for a few more weeks after it secured… Read More

Update: MarketsFlow Extends Equity Crowdfunding Round on Crowdcube

Just days before its equity crowdfunding round was set to close on Crowdcube, digital wealth management platform MarketsFlow announced it was extending the campaign for another two weeks. In the latest update, the MarketsFlow team stated: “We are extremely pleased to announce the extension of… Read More

Update: MarketsFlow Set to Close Crowdcube Round With More Than £250,000 in Funding

With its equity crowdfunding campaign on Crowdcube set to close later this week, digital wealth management platform MarketsFlow will be completing the funding round with more than £250,000 from over 350 investors. As previously reported, MarketsFlow was launched earlier this year by technologist and entrepreneur Tom Nash. The platform describes… Read More

Overfunding: MarketsFlow Surpasses £210,000 Funding Target on Crowdcube

Digital wealth management platform MarketsFlow has successfully secured its initial £210,000 funding target from more than 250 investors on equity crowdfunding platform, Crowdcube. The initiative was launched last month, seeking the funds for growth and expansion. As previously reported, MarketsFlow was launched earlier this year by technologist and entrepreneur Tom… Read More

Digital Wealth Management Platform MarketsFlow Nears £210,000 Funding Target on Crowdcube

Digital wealth management platform MarketsFlow is quickly nearing its £210,000 equity crowdfunding target on Crowdcube. The portal launched the campaign less than two weeks ago and has raised more than £200,000 from nearly 250 investors.  Launched in January 2017 by technologist and entrepreneur Tom Nash, MarketsFlow describes itself as a… Read More

Accenture To Launch Connected Digital Hackathon With Expo 2020 Dubai

Accenture (NYSE: ACN), in collaboration with Expo 2020 Dubai, announced on Friday it was challenging participants from 11 cities around the world to develop prototypes of human-centered digital solutions that help improve the quality of urban living through its first global digital hackathon. Accenture reported that… Read More

Digital Media Platform French Morning Launches Equity Offering on Indiegogo/MicroVentures

French Morning, a digital media platform for French expats and Francophiles, has launched an offering on Indiegogo/MicroVentures’ equity crowdfunding platform. Founded in 2009, French Morning states that it provides an outlet dedicated to French politics, current events, and culture for the French speaking community. It… Read More

Update: Media Platform For Female-Driven Content Darling Nears Equity Crowdfunding Deadline

Darling Media, a print and digital media platform directed towards female-driven content, is set to close its equity crowdfunding campaign on Indiegogo/MicroVentures this upcoming Monday. The initiative was launched in May and quickly secured its minimum funding target. As previously reported, the content website is dedicated… Read More

Digital-Only Challenger Bank Starling Bank Now Offers Apple Pay Support (Video)

On Tuesday, digital-only challenger bank, Starling Bank, announced it is now offering Apple Pay support, which will give customers to opportunity to add their Starling Bank debit card to their Apple Wallet.  Starling Bank claims it will be the first bank in the UK to offer… Read More