Neobank

Blockchain Neobanks: Revolutionizing Financial Inclusion and Efficiency
Blockchain & Cryptocurrency Blockchain Neobanks: Revolutionizing Financial Inclusion and Efficiency

The traditional financial systems have long faced criticism for their restrictive practices and operational inefficiencies, particularly as they have left nearly 1.4 billion people without access to essential banking services. This financial exclusion is not just a matter of inconvenience but also

October 30, 2024
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
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