Neobank

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
Dopay Secures $13.5M to Boost Digital Payroll Solutions in Egypt
Digital Banking & Payments Dopay Secures $13.5M to Boost Digital Payroll Solutions in Egypt

Dopay, a fintech company focused on providing digital banking solutions to unbanked and underbanked populations, has successfully raised $13.5 million in a Series A extension funding round. Leading the investment was Argentem Creek Partners, with support from existing investors, marking a

July 23, 2024
How Are Fintech Innovations Transforming Financial Services Today?
Digital Banking & Payments How Are Fintech Innovations Transforming Financial Services Today?

Financial technology, or fintech, has fundamentally transformed how financial services are delivered and consumed. Combining the latest technological advancements with financial practices, fintech is reshaping the industry landscape, fostering greater efficiency, security, and accessibility. This

July 15, 2024
How Are Neobanks Revolutionizing the Financial Industry Today?
Digital Banking & Payments How Are Neobanks Revolutionizing the Financial Industry Today?

The banking industry has seen significant changes over the past few years, with neobanks emerging as powerful disruptors. These digital-first banks are fundamentally altering the way financial services are delivered and experienced by consumers. By leveraging advanced technologies, neobanks operate

July 9, 2024
How Has Monzo Achieved Its First Profitable Year?
Digital Banking & Payments How Has Monzo Achieved Its First Profitable Year?

The fintech landscape is constantly evolving, and amid this dynamic terrain, Monzo has shown remarkable performance. The UK-based digital bank, known for its vibrant coral cards and user-friendly interface, has recently crossed a major financial threshold. Monzo declared a pre-tax profit of £15.4

June 6, 2024
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