U.K. neobank Monzo has dramatically increased its spending on an effort to woo new customers. The company paid out 29.5 million pounds ($39.7 million) on its “refer...
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...
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...
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...
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...
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...
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...
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...