British digital bank Zopa is profitable and getting closer to going public. But CEO Jaidev Janardana told the Financial Times (FT) Monday (April 15) that while the company...
A Revolut investor reportedly believes the FinTech’s value has climbed 45% since last year. An investment trust overseen by Schroders has upped its stake in the British company, from 7.88 million...
Keytom, a neobank centered around digital assets, has announced its launch. The Dubai-based company said its goal is to introduce “a new era of financial...
UK digital bank Monzo has been valued at $5 billion following a $430 million funding round. The round was led by Alphabet’s CapitalG group as well as Google Ventures, HongShan Capital and...
Brazilian neobank Nubank is predicting it will someday become Latin America’s largest financial service company. “I think that will happen eventually,” CEO David Vélez told the Financial Times (FT)...
Picture this: a 28-year-old $400,000 in debt who has never held a job. Would you give them a loan? Chances are, probably not. And that’s...
As the payments industry gears up for 2024, exciting transformations are on the horizon. Many, in fact, are already here. And for those transformations that...
British FinTech Revolut is reportedly on track to bring in $1.9 billion in revenue for the year. The startup’s monthly revenue averaged roughly $158 million in the first half...
Beyond the card networks, among those that may feel the squeeze should cross-border interchange fees see new caps in the United Kingdom are neobanks. As...