Tagged: mobile banking

Mobile-based Credit Card Provider Tymit Raises £4 Million via Debt and Equity Financing

Tymit, a London-headquartered mobile-based credit card service provider, has raised £4 million (appr. $5.2 million) via a combination of debt and equity financing, in order to create its products. The company has not disclosed any details regarding its investors. Tymit’s official website notes: “A credit… Read More

Monese Founder Norris Koppel Receives “Rising Star” Award At EY’s Entrepreneur of the Year Ceremony

Norris Koppel, founder and CEO at Monese, a mobile banking service for people who travel frequently, received the “Rising Star” award at Ernst & Young’s (EY) Entrepreneur of the Year Ceremony. Koppel has been recognized for his pioneering work in banking. Introduced 20 years ago,… Read More

Royal Bank of Canada Announces New Mobile Banking Enhancements for Small Business Owners

Global financial institution, Royal Bank of Canada (RBC), announced on Tuesday it has rolled out mobile enhancements specifically for small business owners. According to RBC, the enhancements will help business owners receive financial insights and allow them to manage their business financials. While sharing more… Read More

KBC Announces Integration With PayPal For Mobile Banking

KBC, a Belgium-based financial solution, announced last week it has integrated with PayPal. KBC reported that its customers may now consult their PayPal through KBC Mobile. “KBC played a pioneering role in the implementation of PSD2 and, in March 2018, was the first bank in Belgium… Read More

T-Mobile Introduces No-Fee, Interesting Earning, Mobile-First Checking Account

T-Mobile (NASDAQ: TMUS) recently announced the launch of its new T-Mobile MONEY, which is a no-fee, interest-earning, mobile-first checking account that anyone can open and manage right from their smartphone. T-Mobile reported that with T-Mobile MONEY eligible Un-carrier customers can earn an industry-leading 4.00% Annual… Read More

Sberbank Makes Investment Available to All Russians Through Newly Launched Mobile App

Russian banking firm Sberbank announced on Wednesday the launch of its new mobile banking app, Sberbank Online. According to Sberbank, the app creation allows all retail clients to receive and secure funds to make an investment in a wide range of financial tools, such as… Read More

Nordea to Acquire Gjensidige’s Banking Arm; Announces Partnership With Insurance Group

Nordea announced on Monday it has into an agreement with Gjensidige Forsikring ASA to acquire all shares in Gjensidige Bank ASA. The company reported that it purchased the bank for an estimated cash consideration of NOK 5,500 million (€578 million), that will be adjusted for the… Read More

Monzo News: Apple Pay is Now Available to Users

UK-based challenger bank Monzo announced on Thursday that users may use their Monzo cards with Apple Pay. The bank reported that it considers Apple Pay to be an easier, safer way to pay in stores, in apps and online with the Apple devices that users use… Read More

MobiKwik & Yes Bank Tapped for Microsoft Kaizala Digital Payments; MobiKwik’s Vineet Singh Resigns

Digital payments services are now live on India’s Microsoft Kaizala. By integrating the payment and both organizations’ mobile payment infrastructure services of Yes Bank and MobiKwik, Microsoft Kaizala users may swiftly send or receive money without having to leave the Kaizala mobile app. With Microsoft Kaizala, users will… Read More

UK Mobile-Only Starling Bank Adds SME Business Accounts & No Fee Perks

Starling Bank, after recently being voted the Best British Bank, has reportedly become the first fully licensed mobile-only bank to launch business accounts for small businesses and entrepreneurs in the UK. Starling’s app aims to allow small business owners to open an account in less than… Read More

Revolut’s Big News: 1M Customers & £120m+ in Foreign Exchange Fee Savings

Revolut, the digital banking challenger, has signed up 1 million customers across Europe and reportedly saved consumers over £120m in hidden fees as the innovative fintech continues to disrupt traditional banking. London-based Revolut is now signing up between 3,000 and 3,500 new users every day, an… Read More

FinLab Accelerator Alum PayKey Closes $10 Million Series B, MizMaa Leads Round

PayKey, a fintech startup which aims to bridge the gap between banking and social, officially closed a $10 million Series B funding round, led by MizMaa, and joined by SBI Group, Digital Ventures – the fintech subsidiary of Siam Commercial Bank, SixThirty, Fintech71, The FinLab,… Read More

MoneyOnMobile Partners with Indian E-Commerce Marketplace ShopClues

MoneyOnMobile, Inc. (OTCQX: MOMT) announced an agreement with ShopClues, one of India’s largest e-commerce marketplaces, to enable the in-store purchase of ShopClues products using the MoneyOnMobile platform at any of its participating 335,000 retailers. “The alliance with MoneyOnMobile is in sync with ShopClues’ vision of… Read More

German Fintecher Cringle Returns to Companisto for Second Equity Crowdfunding Campaign

Cringle has returned to Companisto for its second equity crowdfunding round, aiming to raise 600,000€ for 9.09% equity offered.  The campaign has quickly raised over 61,000€ from more than 83 investors in the first day of its campaign for the company now valued at 6M€…. Read More

Mobile P2P Payments App Twyp a No-Go in the Netherlands, Will Continue Operations in Spain

ING plans to discontinue its P2P mobile payments app Twyp in the Netherlands after it failed to gain traction with customers, according to a release. Twyp CEO Mohamed de Booij indicated the decision to close down the service in the Netherlands was made following feedback from Dutch… Read More

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