Digital Banking

Digital Banking
UK Digital Bank Monzo Officially Lands in US
February 02, 2022

After an 18-month beta launch with a waiting list in the U.S., the U.K. challenger bank Monzo is now ready to open the app-based accounts and onboard eligible customers in 10 minutes, according to a blog post on Tuesday (Feb. 1). Get the Full Story...

Digital Banking
Today in FinTech: Rapyd, Neat Combine for X-Border Trade; Ayoconnect Raises $15M
January 31, 2022

In today’s FinTech news, FinTech-as-a-Service firm Rapyd snaps up cross-border trade enabling platform Neat to deliver expanded digital services to small- to medium-sized businesses (SMBs). Plus, Indonesian FinTech Ayoconnect picks up $15 million in Series B funding, while Nigerian brokerage app Bamboo raises $15 million...

Digital Banking
GO2bank Unveils Experian Credit Care Advantage
January 31, 2022

Green Dot’s digital banking affiliate, GO2bank, is adding to its credit-building toolbox with Experian Credit Care Advantage, which will help customers access and improve their credit while protecting themselves against fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Digital Banking
Today in FinTech: PayPal Expands Payment Options in Germany; New Digital Bank Coming to Brazil
January 28, 2022

In today’s FinTech news, PayPal is adding new payment options in Germany that give eligible shoppers 30 days to pay, while Brazil could be gaining another digital bank due to interest from Dubai’s ICICB Group. Meanwhile, E2open and PayCargo are collaborating to digitize freight payments...

Digital Banking
UK Neobanks Expand Offerings as New Player Enters Space, UAE Digital Bank Targets Gen Z
January 28, 2022

In this week’s top neobank news for Europe, the Middle East and Africa (EMEA), United Kingdom digital bank Monese launched a feature to help improve the creditworthiness of credit-poor individuals, estimated at 5.2 million in the country, ultimately facilitating their access to loans at affordable...

Digital Banking
ICICB Group Plans Digital Bank for Brazil
January 28, 2022

Dubai’s ICICB Group wants to become a player in Brazil’s burgeoning digital banking space, the financial services company announced in a news release Friday (Jan. 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Digital Banking
Today in FinTech: Marqeta Grows Global Footprint; PingPong Eyes $1B IPO
January 27, 2022

In today’s FinTech news, card issuer Marqeta expands its global footprint into Singapore, the Philippines and Thailand, while Chinese eCommerce cross-border payments startup PingPong mulls an initial public offering (IPO) to raise as much as $1 billion at a $5 billion valuation. Plus, Australian payments...

Digital Banking
Today in FinTech: Walmart’s Hazel Rebrands With Acquisitions; WEX Launches Toll Management With Bestpass
January 26, 2022

In today’s FinTech news, Walmart’s Hazel buys two startups with an eye on developing a personal finance super app, while WEX teams with Bestpass to launch a toll management tool. Plus, Brazilian financial services super app Inter snaps up Usend to bolster its U.S. footprint....

Digital Banking
Today in FinTech: Chime’s IPO Move Fires up Digital Banking; FinTech Unicorns Break Records in...
January 24, 2022

In today’s FinTech news, Chime’s move toward an initial public offering (IPO) has turned the spotlight on digital banking’s acceleration into the mainstream of financial services, and Latin America is seeing FinTech unicorns being funded. Plus, credit unions (CUs) are going after new customers, armed...