digital banks

Revolut Goes On Hiring Spree to Prep ‘Mobilization’ for UK Banking
Revolut Goes On Hiring Spree to Prep ‘Mobilization’ for UK Banking
March 13, 2025  |  Digital-First Banking

Revolut is reportedly hiring 100 new staffers as it prepares to expand its U.K. banking business. The FinTech received its long-awaited British banking license last...

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Infinant Raises $15 Million to Expand Cloud-Based Banking Platform
Infinant Raises $15 Million to Expand Cloud-Based Banking Platform
January 02, 2025  |  Investments

Infinant has raised $15 million in a Series A funding round to expand its cloud-based bank platform. The company will use the new funding to...

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Report: Dave Picks New Marketing Head as It Faces FTC Lawsuit
Report: Dave Picks New Marketing Head as It Faces FTC Lawsuit
November 19, 2024  |  Personnel

Digital bank Dave has reportedly named a new marketing chief amid regulatory troubles. Kevin Frisch, a veteran of companies such as Intuit QuickBooks and Uber, started his tenure with Dave...

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Treasury Calls for Federal Payments Framework, but Key Details Remain Unclear
Treasury Calls for Federal Payments Framework, but Key Details Remain Unclear
October 18, 2024  |  Regulation

Through the past several weeks and months, the drumbeat’s grown louder for regulations at the federal level to govern nonbanks — especially FinTechs, neobanks and...

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Big Banks Joust With Neobanks for Lower-Income Consumer Accounts
Big Banks Joust With Neobanks for Lower-Income Consumer Accounts
October 04, 2024  |  Banking

There’s a commonality in financial services — for brick-and-mortar players and for several FinTechs, though the approach may differ: Serving the needs of lower-income households....

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Monzo Debuts Digital Bank Accounts for Kids Under 16
Monzo Debuts Digital Bank Accounts for Kids Under 16
July 17, 2024  |  Digital-First Banking

 British digital bank Monzo is launching a free account for children under 16. The bank on Wednesday announced the waitlist for Monzo for Under 16s,...

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UK Neobank Starling Profits Soar 55% for Third Year in the Black
UK Neobank Starling Profits Soar 55% for Third Year in the Black
June 12, 2024  |  Digital Banking

Starling has just finished its third profitable year amid plans to expand its software operations. The British neobank on Wednesday (June 12) released its annual report, showing...

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Zopa CEO Doubts UK FinTechs Will Go Public This Year
Zopa CEO Doubts UK FinTechs Will Go Public This Year
April 15, 2024  |  IPO

British digital bank Zopa is profitable and getting closer to going public.  But CEO Jaidev Janardana told the Financial Times (FT) Monday (April 15) that while the company...

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Monzo Valued at $5 Billion as Neobank Plans Expansion
Monzo Valued at $5 Billion as Neobank Plans Expansion
March 05, 2024  |  Digital-First Banking

UK digital bank Monzo has been valued at $5 billion following a $430 million funding round. The round was led by Alphabet’s CapitalG group as well as Google Ventures, HongShan Capital and...

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