BankingFeaturedStandard Chartered’s Nexus offers while label digital financing solutionInternational FinanceMarch 13, 2020March 18, 2020 by International FinanceMarch 13, 2020March 18, 2020 Nexus will allow businesses to increase revenue and strengthen customer loyalty... Read more
BankingFeaturedArival Bank applies for a digital banking licence in SingaporePritam BordoloiMarch 9, 2020 by Pritam BordoloiMarch 9, 2020 The bank is also in the process of applying for a full service virtual banking licence in Lithuania... Read more
BankingFeaturedPhilippines’ first digital bank Tonik to go live in JulyPritam BordoloiMarch 5, 2020 by Pritam BordoloiMarch 5, 2020 Tonik is 60% owned by Tonik Financial while the remaining 40% is owned by two Singaporean family offices... Read more
BankingFeaturedSaudi Arabia reviews two new digital banking applicantsPritam BordoloiFebruary 28, 2020 by Pritam BordoloiFebruary 28, 2020 The central bank will decide based on the companies’ capital and the scale, nature, and complexity of the operations... Read more
FeaturedFintechBritish fintech Revolut secures $500 mn funding to fuel expansionPritam BordoloiFebruary 25, 2020 by Pritam BordoloiFebruary 25, 2020 The UK startup digital bank is now valued at $5.5 bn... Read more
BankingFeaturedTonik secures $6 mn funding to launch digital bank in the PhilippinesPritam BordoloiFebruary 25, 2020 by Pritam BordoloiFebruary 25, 2020 Investors who took part in the funding round include Insignia Ventures Partners and Credence partners... Read more
BankingFeaturedAxiata in talks with 11 parties for digital banking licence in MalaysiaPritam BordoloiFebruary 24, 2020February 24, 2020 by Pritam BordoloiFebruary 24, 2020February 24, 2020 The digital bank could go online by mid-2021... Read more
FeaturedFintechBrexit sees German fintech N26 exit UK businessPritam BordoloiFebruary 13, 2020February 13, 2020 by Pritam BordoloiFebruary 13, 2020February 13, 2020 The neobank will close down all accounts on April 15... Read more
BankingFeaturedCEO: Further acquisitions a possibility for Union Bank in 2020Pritam BordoloiFebruary 11, 2020 by Pritam BordoloiFebruary 11, 2020 The bank is focusing on expanding its digital presence... Read more
BankingFeaturedCIMB Philippines virtual bank provides AI-backed onboardingPritam BordoloiFebruary 3, 2020February 3, 2020 by Pritam BordoloiFebruary 3, 2020February 3, 2020 While the process earlier took more than 15 minutes, now it can be completed in less than five minutes... Read more