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)

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. According to a report...

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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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