Kenyan digital banking startup Kwara raises $4mn to build a neobank
The company’s mission is to bring modern financial services to millions of people by developing credit unions...
Tag : digital bank
Monzo’s annual loss more than double; Monzo Plus performs well
The digital bank has said that the pandemic’s uncertainty might affect its operations...
Venio offers credit facilities to unbanked adults in emerging markets
by WebAdmin
The company aims to increase financial access to the unbanked population in emerging markets...
Monzo relaunches Monzo Plus; seeks to diversify revenue streams
Monzo Plus is offered at $6.30 per month and has additional benefits such as 1 percent interest on balances of up to £2000 and credit score checks...
Brexit sees German fintech N26 exit UK business
The neobank will close down all accounts on April 15...
CIMB Philippines virtual bank provides AI-backed onboarding
While the process earlier took more than 15 minutes, now it can be completed in less than five minutes...
Two Chinese groups apply for Singapore digital banking licence
The Monetary Authority of Singapore has received 21 applications so far for digital banking licences...
Enigma-led consortium applies for Singapore’s digital bank licence
Enigma Group is the fifth to bid for a digital bank licence in Singapore...
UOB taps into $10 bn Asean millennials market with neobank TMRW
The bank says that 70% of ASEAN consumers demonstrate high ecommerce engagement...
Tonik receives digital banking licence in the Philippines
The neobank startup will be the first pure play digital-only bank in Southeast Asia...