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

Blockchain Tech Turns Companies Into Neobanks In Days Not Weeks

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. Get the Full Story Complete the form to unlock this article and...

READ MORE >
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...

READ MORE >
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...

READ MORE >
Millennial-Focused Digital Bank Empower Finance Raises $20M
Millennial-Focused Digital Bank Empower Finance Raises $20M
March 06, 2020  |  Investments

San Francisco-based Empower Finance, a mobile banking app aimed at helping millennials save wealth, has raised $20 million in a Series A funding round led...

READ MORE >
French FinTech Closes $4M For New Neobank
French FinTech Closes $4M For New Neobank
February 18, 2020  |  B2B Payments

FinTech startup EasyEuro — based in both Paris, France and Shenzhen, China — has closed a $4 million pre-funding deal to launch a Neobank (a...

READ MORE >
Procurement, Digital Banking See VC Funding Rounds
Procurement, Digital Banking See VC Funding Rounds
February 14, 2020  |  B2B Payments

Venture capital funding focused on Software-as-a-Service tied to procurement and purchasing, as well as improving cash flow for companies as they streamline payments and supply...

READ MORE >
NCR: How Platforms Enable Banks To Be ‘Digital-First’ Fast
NCR: How Platforms Enable Banks To Be ‘Digital-First’ Fast
February 13, 2020  |  Digital Banking

To bring digital transformation to banks, and to help them bring their assets to the “digital-first” consumer, look to the platform. Get the Full Story...

READ MORE >
N26 Reaches 250K Customers Since US Launch
N26 Reaches 250K Customers Since US Launch
January 27, 2020  |  Digital Banking

N26, a mobile bank and a subsidiary of one of Europe’s fastest-growing financial startups, has announced that after five months of operation in the U.S.,...

READ MORE >
German Neobank N26 Sees 40 Pct. Customer Increase Since Summer
German Neobank N26 Sees 40 Pct. Customer Increase Since Summer
January 24, 2020  |  Digital Banking

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...

READ MORE >