This week in PYMNTS, industry insiders discuss everything from composable banking to network tokenization to which tradeoffs lipstick buyers are and are not willing to make. The Future of Credit Carl Pascarella, former CEO of Visa USA for more than a decade and current investor...
Digital banks have long eschewed physical branches in favor of direct, digital customer engagement. Digital banking’s convenience has been a competitive advantage for challenger or neo banks, increasingly allowing their customers to do their banking tasks on a smart phone or at the kitchen table....
Swedish FinTech Froda has launched a card-based embedded lending solution in Denmark. Developed in partnership with digital challenger bank Lunar and Visa, this offering was successfully tested in Denmark during the spring and became available to all Lunar customers in the country Tuesday (June 20), Froda said in a Tuesday press release....
Visa, Froda and Lunar have partnered to launch a digital solution for business loans. With this collaboration, Nordic digital bank Lunar will be able to offer its small and medium-sized business (SMB) clients access to business loans via Froda’s embedded lending platform as well as...
December 10, 2024
A wave of funding rounds over the past several months is giving challenger banks fresh financial firepower to position themselves as alternatives to traditional banks, mainstays of financial services that have been around for decades — even centuries. While these digitally focused challengers promise to bring financial services and products to just about anyone who […]
June 13, 2024
Digital banks have long eschewed physical branches in favor of direct, digital customer engagement. Digital banking’s convenience has been a competitive advantage for challenger or neo banks, increasingly allowing their...
March 14, 2022
They may be small in size and each with a population of fewer than 6 million people, but countries in the Nordic region like Norway, Denmark and Finland are global...
June 17, 2020
The shift to Digital 3.0 will include sports — in fact it will have two business models. One will be live gaming with teams competing for cash and prizes in...
June 20, 2023
Swedish FinTech Froda has launched a card-based embedded lending solution in Denmark. Developed in partnership with digital challenger bank Lunar and Visa, this offering was successfully tested in Denmark during the spring and became available to all Lunar customers in the country Tuesday (June 20), Froda said in a Tuesday press release. This new loan solution uses card rails for payouts and […]
February 16, 2023
Visa, Froda and Lunar have partnered to launch a digital solution for business loans. With this collaboration, Nordic digital bank Lunar will be able to offer its small and medium-sized...
March 29, 2022
Challenger bank Lunar is acquiring digital bank Instabank for 132 million euros (about $146 million), a move that will increase Lunar’s reach in Norway and open the door to the...
January 18, 2022
Nordic FinTech Lunar has selected cloud-native core banking tech Thought Machine to modernize its system and develop new services, the companies announced Tuesday (Jan. 18). Per the announcement, Lunar’s goal...
