Neobanks

Fasset Raises $51 Million to Expand Stablecoin-Focused Neobank

Fasset Raises $51 Million to Expand Stablecoin-Focused Neobank
Fasset Raises $51 Million to Expand Stablecoin-Focused Neobank
May 14, 2026  |  Cryptocurrency

Neobank Fasset has raised $51 million to expand its stablecoin-centric banking platform to emerging markets. The company said its Series B round, announced Thursday (May...

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Revolut Skips OpenAI, Trains AI on 25 Million Customers
Revolut Skips OpenAI, Trains AI on 25 Million Customers
April 21, 2026  |  Artificial Intelligence

Most banks pay OpenAI or Anthropic for access to artificial intelligence. Revolut built its own. The London-based neobank trained a proprietary model called PRAGMA on...

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Monzo’s US Retreat Highlights Neobanks’ Expansion Challenges
Monzo’s US Retreat Highlights Neobanks’ Expansion Challenges
March 31, 2026  |  Banking

Neobanks have spent the better part of a decade refining digital-first models and then attempting to transplant them into new markets—with at least some strategy...

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Neobanks Chase a Bigger Prize Than App Engagement
Neobanks Chase a Bigger Prize Than App Engagement
March 25, 2026  |  Banking

Neobanks have spent years proving they could attract users. And now, there are indications that scale is translating into durable banking economics. Revolut’s latest results...

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Upstart Seeks Regulatory Blessing to Become a Bank
Upstart Seeks Regulatory Blessing to Become a Bank
March 11, 2026  |  Bank Regulation

Digital lender Upstart has become the latest U.S. FinTech seeking a banking charter. The company announced Tuesday (March 10) that it had applied to federal...

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Monzo Expands Outgoing CEO’s Role After Investor Pushback
Monzo Expands Outgoing CEO’s Role After Investor Pushback
January 18, 2026  |  Personnel

British digital bank Monzo is reportedly creating an expanded role for departing CEO TS Anil. That’s according to a report Sunday (Jan. 18) by the...

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European Neobank bunq Files for Banking License in US
European Neobank bunq Files for Banking License in US
January 07, 2026  |  Banking

Amsterdam-based neobank bunq has formally launched its campaign for an American banking license. The company announced Wednesday (Jan. 7) that it had filed for a...

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Monzo Investor Group Seeks to Reinstate FinTech’s CEO
Monzo Investor Group Seeks to Reinstate FinTech’s CEO
December 17, 2025  |  Personnel

A group of shareholders in digital bank Monzo reportedly want to reinstate its outgoing CEO. TS Anil is due to step down as head of...

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