Neobanks

B2B Payment Infrastructure Platform Thunes Secures $72 Million in Funding
B2B Payment Infrastructure Platform Thunes Secures $72 Million in Funding
July 17, 2023  |  Commercial Payments

Thunes has secured $72 million in a Series C round of funding with support from a range of strategic investors. Get the Full Story Complete...

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14% of Small Businesses and Gig Workers Only Use Digital Banks
14% of Small Businesses and Gig Workers Only Use Digital Banks
July 12, 2023  |  Digital-First Banking

This next installment of PYMNTS’ mini-series on consumer behavior popularized during the pandemic focuses on the rise of digital-only banking. Get the Full Story Complete...

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UK Neobank Monzo Records First Monthly Profits
UK Neobank Monzo Records First Monthly Profits
May 31, 2023  |  Digital Banking

British neobank Monzo says it has reached profitability while reducing its annual losses. Get the Full Story Complete the form to unlock this article and...

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Starling CEO Steps Aside As Neobank’s Revenues Double
Starling CEO Steps Aside As Neobank’s Revenues Double
May 25, 2023  |  Digital Banking

With profits increasing six-fold and revenues rising, Starling Bank’s CEO is stepping down. Get the Full Story Complete the form to unlock this article and...

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Apple’s Entrance Into Savings Accounts May Cost Neobanks and Traditional FIs 
Apple’s Entrance Into Savings Accounts May Cost Neobanks and Traditional FIs 
April 24, 2023  |  Banking

Banks may feel pressure to match Apple’s offering of higher savings rates with a Goldman Sachs savings account than most institutions as the tech giant...

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Europe’s Neobank Struggles Offer Fertile Ground for Traditional FIs to Gain Share
Europe’s Neobank Struggles Offer Fertile Ground for Traditional FIs to Gain Share
April 19, 2023  |  Banking

The neobanks promised to shake up the world. Especially in Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Bunq Hopes to Bring EU Neobanking to the US
Bunq Hopes to Bring EU Neobanking to the US
April 04, 2023  |  Digital Banking

European neobank Bunq has applied to bring its business to “digital nomads” in the U.S. Get the Full Story Complete the form to unlock this...

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Payday Raises $3 Million for ‘Future of Work’ in Africa
Payday Raises $3 Million for ‘Future of Work’ in Africa
March 29, 2023  |  Investments

African neobank Payday is looking to new markets after raising $3 million. Get the Full Story Complete the form to unlock this article and enjoy...

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FDIC Says Neobank Utoppia Misled Customers About Insurance
FDIC Says Neobank Utoppia Misled Customers About Insurance
March 28, 2023  |  Bank Regulation

Federal regulators say neobank Utoppia misled its customers about its banking protections. Get the Full Story Complete the form to unlock this article and enjoy...

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