Neobank

Revolut's Digital-First Banking Pioneers Financial Inclusion Globally
Digital Banking & Payments Revolut's Digital-First Banking Pioneers Financial Inclusion Globally

Revolut, since its inception in 2015, has become a trailblazer in the world of digital banking. By forgoing traditional brick-and-mortar models, Revolut offers an all-encompassing, app-based platform for both personal and business finance needs. Its rapid growth and significant market penetration

September 23, 2024
Bunq Expands Workforce 70%, Eyes US and UK Markets Amid Fintech Cuts
Digital Banking & Payments Bunq Expands Workforce 70%, Eyes US and UK Markets Amid Fintech Cuts

The Dutch neobank Bunq is gearing up for a significant expansion, boldly planning to increase its workforce by over 70% amidst widespread job cuts across the fintech sector. The bank's strategic focus includes expanding into the US and UK markets, with a keen eye on attracting digital nomads

September 13, 2024
Linker Finance Raises $3.7M to Boost Community Banks' Digital Services
Digital Banking & Payments Linker Finance Raises $3.7M to Boost Community Banks' Digital Services

Linker Finance, a forward-thinking FinTech company, has recently secured $3.7 million in a successful seed funding round. This substantial investment aims to enhance the digital capabilities of community banks across the United States, helping them compete more effectively with larger financial

August 28, 2024
PrizePool Shuts Down Consumer App Amid Acquisition; IKEA Ventures Into Resale
Digital Banking & Payments PrizePool Shuts Down Consumer App Amid Acquisition; IKEA Ventures Into Resale

The fintech world and retail landscape are experiencing significant shifts. PrizePool, a neobank renowned for offering attractive banking rewards, has announced the closure of its consumer app, leaving many customers in a scramble to reroute their financial activities. Amid its acquisition, the

August 26, 2024
Multitude SE Reports Strong Revenue and EBIT Growth Despite Profit Dip
Digital Banking & Payments Multitude SE Reports Strong Revenue and EBIT Growth Despite Profit Dip

Multitude SE, a leading European FinTech company specializing in digital lending and online banking services, has unveiled its financial performance for the first half of 2024. The company reported significant growth in both revenue and earnings before interest and taxes (EBIT), though a slight dip

August 22, 2024
Revolut Secures UK Banking License, Paves Way for Full Market Deployment
Digital Banking & Payments Revolut Secures UK Banking License, Paves Way for Full Market Deployment

Revolut, the British fintech giant, has recently achieved a significant milestone—receiving a banking license in its home market, the United Kingdom. This development marks a pivotal moment for the company, as it seeks to transform its UK operations and solidify its standing in the fintech l

July 31, 2024
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