Banking

Banking
German Neobank N26 Sees 40 Pct. Customer Increase Since Summer
January 24, 2020

German smartphone bank N26, valued at $3.5 billion by investors, now has 5 million customers, co-founder Valentin Stalf said. Berlin’s most valuable FinTech startup grew from the 3.5 million users it reported in the summer of 2019. Get the Full Story Complete the form to...

Banking
Even Expands Pay Advance Offer To Include Goal-Based Savings
January 23, 2020

Financial wellness technology startup Even is rolling out a new savings solution that gives users the ability to target three goals at the same time, the company announced on Thursday (Jan. 23). Get the Full Story Complete the form to unlock this article and enjoy...

Banking
Grab, Razer, AirAsia, Others Ponder Malaysia Banking Application
January 22, 2020

Grab, Razer, AirAsia, Axiata and CIMB join other companies that are considering applying for digital banking licenses in Malaysia, sources told Reuters on Wednesday (Jan. 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
Zall Enters Crowded Competition For Singapore Digital Banking License
January 21, 2020

As it joins the competition to bring change to the financial space in Singapore, Chinese eCommerce firm Zall Smart Commerce Group said it is part of a consortium to apply for a digital wholesale banking license in the city-state, Bloomberg reported. Get the Full Story...

Banking
Bank of America CEO: Room To ‘Double’ Its US Retail Segment
January 19, 2020

Brian Moynihan, Chief Executive with Bank of America, is not concerned with overwhelming his industry sector — instead, he believes the banking giant can double its consumer market share. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Brazil’s Unicorn FinTech EBANX Pilots Digital Wallet
January 15, 2020

Brazil’s unicorn FinTech and payments startup EBANX is trialing a digital wallet, called Ebanx Go, with 10,000 consumers on a test basis, the company announced on Wednesday (Jan. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Google Pay Co-founders’ Indian Neobank Has Raised $13.2M
January 13, 2020

Two co-founders of Google Pay in India have raised $13.2 million in a Seed funding round for its neo-bank epiFi, led by Sequoia India and Ribbit Capital, TechCrunch reported on Sunday (Jan. 12). Get the Full Story Complete the form to unlock this article and...

Banking
Hong Kong’s First Neobank Lures Consumers With High Deposit Rates
January 13, 2020

The first in a new line-up of 10 digital-only banks in Hong Kong has sweetened its consumer appeal with a 6 percent introductory rate for deposits. ZA Bank will pay a select depositors more than 3 percent above other banks, such as HSBC and Standard...

Banking
Goldman Launches Mobile App For Marcus — Three Years Later
January 13, 2020

Goldman Sachs Group introduced its long-awaited app last week, according to Reuters. It will integrate with the financial giant’s digital bank Marcus. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...