As alt-banking matures and FinTechs mushroom, challenger banks are losing their cool “disruptor cred” and blending into the banking landscape. Not as cool. But with 62 percent of Americans doing most of their banking online – and 69 percent saying they’ll use banking apps routinely...
With a bewildering number of choices, banking apps fueled by Tencent Holdings Ltd, SoftBank Group Corp, and other players are spreading in Brazil, as some critics note a shakeout is looking more probable. Customers buy products, get loans and open checking accounts that are no-fee...
When money leaves accounts, it’s gotta go somewhere – if not for a transaction, then to another account. It’s no secret that investors like yield. So do folks who park their money in savings accounts. The last several years have been lean ones for those...
Monzo, one of the U.K.’s digital-only banks, is getting closer to securing new Series C funding, with U.S.-based Thrive Capital reportedly leading the round. An announcement could come as early as this week. While an exact investment amount wasn’t disclosed, TechCrunch is reporting that it...
December 17, 2019
With a bewildering number of choices, banking apps fueled by Tencent Holdings Ltd, SoftBank Group Corp, and other players are spreading in Brazil, as some critics note a shakeout is looking more probable. Customers buy products, get loans and open checking accounts that are no-fee by tapping into digital wallets from merchants like Lojas Americanas, […]
February 21, 2017
Monzo, one of the U.K.’s digital-only banks, is getting closer to securing new Series C funding, with U.S.-based Thrive Capital reportedly leading the round. An announcement could come as early...
