online bank

Report: Online Banks’ Deposits Grow as Regionals Struggle
Report: Online Banks’ Deposits Grow as Regionals Struggle
June 04, 2023  |  Digital-First Banking

It is apparently a good time to be an online bank. As The Wall Street Journal reported Saturday (June 3), these banks took in more deposits than...

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South Korea FinTech Gets Initial Approval For Online Bank
South Korea FinTech Gets Initial Approval For Online Bank
December 16, 2019  |  Digital Banking

South Korean FinTech startup Viva Republica, creator of the financial services platform Toss, was granted preliminary approval for a digital banking license from the Financial...

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Peter Thiel-Backed German Online Bank N26 Worth $3.5B
Peter Thiel-Backed German Online Bank N26 Worth $3.5B
July 18, 2019  |  Digital Banking

Online bank N26 is now Germany’s highest-valued startup with a 3.5 billion valuation following a $170 million extension of Series D funding. The mobile bank...

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WeBank Banking On AI To Improve Customer Service
WeBank Banking On AI To Improve Customer Service
November 28, 2018  |  Innovation

Tencent’s WeBank, China’s first internet-only bank, is banking on artificial intelligence to improve customer service, reported CNBC. According to the report, citing Yang Qiang, an...

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Marcus Exceeds Goldman’s UK Expectations
Marcus Exceeds Goldman’s UK Expectations
November 21, 2018  |  Digital Banking

Goldman Sachs’ online retail bank Marcus is enjoying a strong debut internationally — the company says the rollout of Marcus in the U.K. has “exceeded...

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Through Marcus, Goldman Taps UK Retail Banking/Savings Market
Through Marcus, Goldman Taps UK Retail Banking/Savings Market
September 26, 2018  |  Banking

Goldman Sachs Group has launched its consumer bank, Marcus, in the United Kingdom, the latest salvo of the company’s push into retail banking, this time...

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Monzo To Reach Unicorn Status With Fresh Round Of Funding
Monzo To Reach Unicorn Status With Fresh Round Of Funding
August 17, 2018  |  Fintech Investments

Monzo, the U.K. digital bank, is on track to become the next European FinTech startup to reach unicorn status. According to a report in the...

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