Tagged: neobanking

April 27, 2020 @ 6:10 pm By Omar Faridi  |  

Challenger Bank Zelf is reportedly planning to introduce its digital banking offering which will operate exclusively through widely-used messaging apps. The Latvian Fintech firm claims that it has already signed up more than 58,000 users, who are waiting for the official launch of Zelf’s virtual… Read More

April 15, 2020 @ 7:22 pm By Omar Faridi  |  

Rewire, an international banking service provider for migrant workers, recently revealed that it’s making updates to its platform, following the Coronavirus (COVID-19) outbreak. Rewire, which is focused on developing a virtual bank for the migrant workforce, is now offering free digital and physical Mastercards and… Read More

April 9, 2020 @ 10:00 pm By Omar Faridi  |  

Neobank Amica Technologies, which is managed by Jitendra Gupta, the former PayU India’s chief executive, has acquired $2 million in capital through an investment round led by two major VC firms, including UK-based Hummingbird Ventures and US-headquartered Bedrock Capital. Gupta said his company is planning… Read More

March 5, 2020 @ 8:58 am By Samantha Hurst  |  

Xinja Bank, an Australia-based neobank, announced on Thursday it is hitting the “pause” button of opening new Stash Savings Accounts in order to maintain current rates for existing customers. Xinja reported that Stash is a savings account linked to your Bank Account (transaction account) designed… Read More

February 24, 2020 @ 10:03 pm By Samantha Hurst  |  

Australian neobanking group Volt announced on Monday its new partnership global retailer, the Cotton On Group, introduce team members and customers to the Volt experience. Volt claims this is the first partnership of this type between a neobank and major retailer in Australia. Volt also… Read More

February 23, 2020 @ 9:47 pm By Samantha Hurst  |  

Neobanking group Sogexia announced on Monday it has been granted its payment institution license by the Minister of Finances of Luxembourg. The company reported that since 2010 it has been providing to both consumers and corporates the ability to open a payment account in a… Read More

January 22, 2020 @ 7:34 am By Omar Faridi  |  

Bengaluru-headquartered Razorpay, a digital bank startup, has introduced its Instant Refunds product, which aims to enhance its clients’ online payments experience. The newly-launched feature activates refunds and credits the user’s source account across several different payment methods including credit cards, net banking and UPI within… Read More

August 12, 2019 @ 2:19 pm By Samantha Hurst  |  

Joust Labs, a US neo-banking startup specifically for freelancers, announced on Monday it secured $2.6 million through latest seed investment round, which was led by PTB Ventures with participation from Accion Venture Lab, Financial Venture Studio, and Techstars. Founded in 2017, Joust claims it is… Read More