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)

Indian Neobank Freo, Equitas Small Finance Bank Debut Digital Savings App FreoSave
Indian Neobank Freo, Equitas Small Finance Bank Debut Digital Savings App FreoSave
June 21, 2022  |  Digital-First Banking

Neobank Freo has rolled out a digital savings account, a report from Economic Times of India said Tuesday (June 21). Called FreoSave, the new service...

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The UAE’s Increasing Role as a Regional FinTech Hub
The UAE’s Increasing Role as a Regional FinTech Hub
June 15, 2022  |  Fintech Investments

Home to two booming international financial centers — emirates Abu Dhabi and Dubai — the United Arab Emirates (UAE), the third-largest economy in the Arab...

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Why Starling Bank CEO Said No to Crypto
Why Starling Bank CEO Said No to Crypto
June 09, 2022  |  Digital-First Banking

“We’re in a very dangerous phase,” said Starling Bank CEO Anne Boden in a session at the ongoing Money2020 Europe conference in Amsterdam when describing...

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Western Union Signals Grand Neobank Ambitions With Marqeta Pact
Western Union Signals Grand Neobank Ambitions With Marqeta Pact
June 07, 2022  |  Digital-First Banking

In one fell swoop, Western Union may become the biggest neobank of all — and its reach already touches roughly 150 million customers across 200...

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Marqeta TPV Grows 53% as BNPL Volumes Double, Travel Spending Snaps Back
Marqeta TPV Grows 53% as BNPL Volumes Double, Travel Spending Snaps Back
May 11, 2022  |  Earnings

Consumers have continued to spend using cards.  Buy now, pay later (BNPL) has become less a novelty than a firmly entrenched payment method.  Those trends...

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Neobank Bunq Acquires Belgian FinTech TriCount, Adding 5.4M Users
Neobank Bunq Acquires Belgian FinTech TriCount, Adding 5.4M Users
May 04, 2022  |  Acquisitions

Neobank Bunq, by acquiring Belgian FinTech TriCount, will add 5.4 million new users, a company press release said, and become Europe’s second-largest neobank, behind Revolut....

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Blockchain Tech Turns Companies Into Neobanks In Days Not Weeks
Blockchain Tech Turns Companies Into Neobanks In Days Not Weeks
June 21, 2021  |  Blockchain

Within the next five years, everything you know about consumer banking will change. “It will all be digitalized, and fiat currencies will be digitalized,” said...

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Avant CEO: Near-Prime Consumers Aren’t As Risky As Incomplete Data Suggests
Avant CEO: Near-Prime Consumers Aren’t As Risky As Incomplete Data Suggests
June 17, 2021  |  Risk Management

The last 16 or so months has triggered a full reset of almost every part of consumers’ lives, as they were forced to rewire themselves to...

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Societe Generale Buys Entrepreneur-Focused Neobank Shine
Societe Generale Buys Entrepreneur-Focused Neobank Shine
June 30, 2020  |  B2B Payments

Societe Generale is acquiring Shine, a neobank for those who start businesses, according to a Tuesday (June 30) announcement. The financial institution said that the company...

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