neobank

A neobank is a type of direct bank that is 100% digital and reaches customers on mobile apps and personal computer platforms only. Neobanks do not operate traditional physical branch networks.

Source: en.wikipedia.org

KKR Looks to Sell Stake in Philippine FinTech Maya

KKR Looks to Sell Stake in Philippine FinTech Maya
KKR Looks to Sell Stake in Philippine FinTech Maya
January 17, 2025  |  Business

Global investment firm KKR is reportedly looking to sell its minority stake in Maya, a Philippine FinTech company that offers an all-in-one money app and operates a...

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Neobank Dave Makes Business Model Changes in Wake of FTC Complaint
Neobank Dave Makes Business Model Changes in Wake of FTC Complaint
November 12, 2024  |  Earnings

Dave, the neobank and cash advance app singled out in an Federal Trade Commission (FTC) complaint last week, Tuesday (Nov. 12) announced compliance-oriented changes to...

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Prize-Linked Neobank PrizePool Shutters App Ahead of Acquisition
Prize-Linked Neobank PrizePool Shutters App Ahead of Acquisition
August 25, 2024  |  Banking

 Neobank PrizePool is reportedly shutting down its consumer app amid an acquisition.  That’s according to a report Sunday (Aug. 25) by Fintech Business Weekly, which...

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Revolut Rolls Out Latest App to 35 Million Global Accountholders
Revolut Rolls Out Latest App to 35 Million Global Accountholders
October 10, 2023  |  Banking

Revolut has launched the latest version of its app — Revolut 10 — for its more than 35 million global accountholders. “You asked for all things money made...

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European Neobank N26 Integrates Dutch Payment Service iDEAL
European Neobank N26 Integrates Dutch Payment Service iDEAL
August 25, 2023  |  Digital Payments

European digital bank N26 has integrated the popular local payment service iDEAL into its banking experience in the Netherlands. This move aims to enhance the banking experience for N26 customers in...

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Upgrade’s $100M Deal for Uplift Brings BNPL for Travelers Into the Fold
Upgrade’s $100M Deal for Uplift Brings BNPL for Travelers Into the Fold
July 27, 2023  |  BNPL

The build vs. buy debate is a perennial one in technology, and in payments.  For neobank Upgrade, in the bid to extend its credit, mobile...

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Neobank bunq Launches Cash Back and Savings Interest
Neobank bunq Launches Cash Back and Savings Interest
July 18, 2023  |  Banking

European neobank bunq has added cash-back and savings bonuses to its offerings designed for digital nomads. bunq now offers 1% cash back on food and...

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Papara Becomes Turkey’s First FinTech Unicorn With Beka Finance Deal
Papara Becomes Turkey’s First FinTech Unicorn With Beka Finance Deal
July 12, 2023  |  Digital Payments

Papara has become Turkey’s first FinTech unicorn company. The achievement — reaching a valuation over $1 billion — follows a major deal with Spain’s Beka...

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