PayPugs and Muniy partner to launch Fintech as a Service
UK fintech startups PayPugs and Muniy have signed an agreement to launch a global Fintech as a Service solution.
Neobank Ashman receives UK banking licence
Ashman has announced its UK banking licence has been authorised and regulated to trade with restrictions by the FCA and PRA.
Fintech dopay raises over £13 million to grow its next generation virtual banking platform
Through its virtual banking platform, dopay digitizes cash payments from employers to workers and other beneficiaries.
New neo bank Kroo raises £17.7m series A
New UK fintech Kroo aiming to win a bank license, has raised £17.7m in its Series A funding round as it looks to secure a banking license.
N26 and SumUp join forces to bring cashless payments to freelancers
Major fintech players N26 and SumUp have joined forces in a bid to make digital payments easier for freelancers and self-employed workers.
Zopa, UK P2P lending pioneer, closes £20M internal fundraise for growth
UK P2P pioneer Zopa will use the new funding to fuel its growth when it believes that there is more demand for products.
Global fintech Railsbank partners with neobank Volt to launch in Australia
Railsbank, a leading global embedded finance platform, has launched in Australia via a partnership with the country’s first neobank Volt.
Nubank surpasses Revolut, Monzo and N26 combined with 18 million app downloads over the past year
If there was ever any doubt, you best believe that Nubank is growing exponentially fast and won’t be slowing down anytime soon. Making this all the more evident is the fact that the Brazilian fintech unicorn has seen over 18 million app downloads this past year. Based on a report from Apptopia, that’s more than Revolut, Monzo and N26 combined. While these neobanks are prevalent in Europe, Nubank continues to show immense mobile banking potential in developing markets. This is particularly true in Latin America. Like other fintechs, Nubank’s target audience is the region’s population without bank accounts. Latin America’s unbanked population Compared to the U.S. and European markets, Latin Americans […]
