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

B2B Neobank Qonto Gets $115M In Series C Round
B2B Neobank Qonto Gets $115M In Series C Round
January 21, 2020  |  B2B Payments

Qonto, a French startup Neobank that caters to B2B clients, has raised $115 million in a Series C funding round led by DST Global and...

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Ex-Barclays Head To Launch Crypto-Friendly Digital Bank
Ex-Barclays Head To Launch Crypto-Friendly Digital Bank
January 02, 2020  |  Cryptocurrency

The former head of technology at Barclays, Mark Hipperson, is launching a digital bank called Ziglu that will serve both crypto and fiat accounts, according...

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The Venture Investing Road Less Traveled: Funding Enablers, Not Challengers
The Venture Investing Road Less Traveled: Funding Enablers, Not Challengers
December 02, 2019  |  Investments

High-flying tech unicorns have been brought to earth. Venture capital dollars chase Neobanks and alternative credit companies.  Commerce Ventures Founder Dan Rosen tells Karen Webster that...

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Visa Partners With Revolut To Introduce Multi-Currency Debit Card
Visa Partners With Revolut To Introduce Multi-Currency Debit Card
October 24, 2019  |  Payment Methods

London-based FinTech firm Revolut partnered with Visa to roll out a multi-currency travel debit card in Singapore, Visa said in a press release on Wednesday...

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NiYO, India’s ‘Neo-Bank’ For Employees, Raises $35M To Expand
NiYO, India’s ‘Neo-Bank’ For Employees, Raises $35M To Expand
July 09, 2019  |  Financial Inclusion

An Indian neobank called NiYO Solutions has raised $35 million in a funding round to grow the business and expand some products beyond the region,...

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Moven To Buy US Bank, Create Joint Venture In Japan With SBI
Moven To Buy US Bank, Create Joint Venture In Japan With SBI
February 01, 2018  |  Partnerships / Acquisitions

Mobile-first bank Moven has signed a memorandum of understanding (MoU) with financial services provider SBI Group, the Japanese owner of SoftBank. Get the Full Story...

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Millennial Banking “Nanny App” Launches
Millennial Banking “Nanny App” Launches
December 09, 2014  |  Alternative Finances

A Canadian banking upstart called Koho is joining Simple, Moven and other neobanks trying to reinvent financial services in ways that make sense to Millennials,...

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