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

N26 Launches Crypto Trading in 5 European Countries
N26 Launches Crypto Trading in 5 European Countries
January 17, 2023  |  Cryptocurrency

The German neobank N26 has launched its crypto trading service in five new markets. Following an initial launch in Austria last October, the company announced...

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4 Trends Shaping EMEA Banking Sector in 2023
4 Trends Shaping EMEA Banking Sector in 2023
January 02, 2023  |  Banking

In this article, PYMNTS analyzes trends shaping the banking sector in the EMEA region. Zooming in on the different subregions shows that the EMEA banking...

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Digital Budgeting Tools Increase as Holiday Cost-Cutting Sweeps Across Europe
Digital Budgeting Tools Increase as Holiday Cost-Cutting Sweeps Across Europe
December 26, 2022  |  Consumer Finance

As inflation bites, European consumers are turning to cost-cutting tools and techniques this holiday season. In fact in the U.K., a poll by Accenture found...

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JPMorgan Buys $800M Stake in Viva Wallet
JPMorgan Buys $800M Stake in Viva Wallet
December 18, 2022  |  Point of Sale

J.P. Morgan Payments will acquire a 48.5% stake in Greek payments firm Viva Wallet. The $800 million deal is expected to be announced early next...

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Neobank Monzo Will Be Profitable in 2023, CEO Says 
Neobank Monzo Will Be Profitable in 2023, CEO Says 
December 01, 2022  |  Banking

British neobank Monzo will soon become profitable, CEO TS Anil said.  Speaking at a Financial Times (FT) event, Anil said, “We will be profitable in...

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Atom Bank Raises $36M, No Mention of IPO
Atom Bank Raises $36M, No Mention of IPO
November 28, 2022  |  Investments

U.K. neobank Atom Bank announced on Friday (Nov. 25) that it has raised 30 million pounds ($36 million), and will use the capital to fund...

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Secured Credit Cards Help FinTechs and Consumers Weather Macro Storms
Secured Credit Cards Help FinTechs and Consumers Weather Macro Storms
November 16, 2022  |  Fintech Investments

For neobanks, the debit card is no longer going to be enough — not to brave the storm clouds gathering at this moment, and which...

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Neobank Varo Begins Offering Zelle Access
Neobank Varo Begins Offering Zelle Access
November 15, 2022  |  Banking

Varo will offer the peer-to-peer payment network Zelle as part of its mobile app, the digital bank announced Tuesday (Nov. 15). With this launch, Varo says it has...

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User Experience Must Improve for Crypto to Gain Cross-Border Payments Use
User Experience Must Improve for Crypto to Gain Cross-Border Payments Use
November 09, 2022  |  Cryptocurrency

Whether you’re talking about remittances sent home by migrant workers or other larger sums moving from one country to another, cross-border payments are the part...

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