Starling Bank looks to Irish banking licence for European expansion
The challenger bank has been aiming for an Irish licence since last year.
The challenger bank has been aiming for an Irish licence since last year.
The neobank is focused on “making saving easy”.
The neobank is “very close” to its Q2 launch this year.
Neo plans a credit card and rewards-based savings.
Subscription-only bank continues development after 2019 launch.
FinTech Futures’ weekly news round-up.
This is expected after its next fundraise which will value the neobank at £1bn.
“I like to think of myself as a simple entrepreneur,” says Niknam.
The fintech has “significantly progressed” with its pre-application for a UK bank licence
It will arrive in the US later in 2020 or early next year.
The challenger wants to “accelerate daily usage of accounts”.
The US bank has been in discussions with UK financial regulators.
CEO Bryce Galen says the new venture has “the highest APY-deposit account in the US”.
The challenger is headquartered in New South Wales with offices in London and Belfast.
New mobile wallet will target Pakistan’s underbanked and freelancer market.
Sailesh Panchal joins the challenger from Orwell Group.
FinTech Future’s weekly news round-up.
Moven founder announces new bank on social media.
Sharon Kimathi and Ruby Hinchliffe explore the event’s top five themes.
European challengers have been among the top recipients of regional venture capital.
Its new offering has been built in partnership with TrueLayer.
Mobile banking firm Varo Money has gained approval from the Federal Deposit Insurance Corporation (FDIC).
It’s relying on two drivers: physical meetup spaces and brand ambassadors.
Mexican challenger bank has also launched its credit card.
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Break out the birthday cake as the Second Payments Directive (PSD2) just turned two!
Before we start to look at what the next 10 years hold, it’s worth taking a quick look back.
FinTech Future’s weekly news round-up.
Many of us have a poor relationship with saving money.
The proposed clampdown targets anti-competitive behaviour by digital platforms.
A wave of British and European fintechs are seeking a foothold in the US finserv market.
Fiserv’s VisionPlus will power Za Bank’s entire card payment lifecycle.
Customers get one ‘AAdvantage’ (AA) mile for every dollar they save.
This stems from the lack of basic financial education or applied maths in schools.
The post cites “new” regulations which came into force last September.
Co-founder tells FinTech Futures: “We’re fighting the inertia of kids not saving.”
Conservative grandee Francis Maude will also be joining its advisory board.
Top dogs: The challenger bank success stories of 2019.
FinTech Futures’ weekly news round-up.
The start-up will offer a fully-regulated banking platform for fintechs.