Banking Technology October 2021 issue out now
Cover story: multi-tusking – how do you eat an elephant?
Cover story: multi-tusking – how do you eat an elephant?
10x Future Technologies is a “foundational partner” for the new digital bank.
The granting of the CISA licence to a digital asset-focused bank is the first in Switzerland.
New bank to provide trading, credit, crypto, wage payment and more.
The investment comes after the pandemic accelerated digital-first banking across Southeast Asia.
Vergo will be a vertical neobank for the US construction and interior design industry.
Current CEO Deniz Güven will step down with effect from 27 September.
The neobank’s new suite of products will help new arrivals to the US build credit.
The new bank can now start offering personal savings accounts and business loans.
The new partnership will see the international bank begin to offer digital banking services to UK customers.
New funds will be used for further product development and to grow its team.
The digital bank forms part of JP Morgan’s planned international consumer expansion.
More funding deals you may have missed during a busy week of news.
The two companies say the partnership will facilitate “quick and secure cash deposits”.
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Featuring Varo, Scalapay, Wave, MNT Halan and Marshmallow.
The lender will use the cash to target the UK’s “near-prime” consumer credit market.
The digital business bank wants to make it easier for SMEs to grow their businesses.
Funds will be used to boost product and tech development and fuel customer growth.
UK-listed lender forms joint venture with Singapore’s National Trades Union Congress.
Gregory joins from fintech firm Wise, having previously worked for Paysafe and Visa.
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Cloud core banking vendor wins deal with new Vietnamese digital bank Cake.
The firm’s smart finance app will launch in the UK early next year.
Brazilian challenger wants to smash the valuation of it’s largest legacy rival, Itau.
Peach is currently in a beta phase with a waiting list ahead of its full launch.
The bank will utilise Path Solutions’ iMAL core banking platform.
Central bank says the window for digital banking licence applications will close on 31 August.
COO says Mambu is “the right choice to help us on our growth trajectory”.
Kroo, formerly B-Social, plans a full launch in 2022.
Gary Sher, Assad Kazi and Rebecca Wright join as CFO, CRO and CPO, respectively.
This new cartoon illustrates some of the daily threats faced by neobanks.
The San Francisco-based firm has now raised over $2 billion in total funding.
German banking vendor signs a pair of new deals spread across the globe.
Fath joins from AI logistics firm Transmetrics, where he worked as CEO.
The new funding round values the firm at more than $3.3 billion.
Neobank hopeful aims to secure a full banking licence ahead of a planned launch in 2022.
The payroll company is looking to launch a new digital banking platform in the country.
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.