It’s one thing to envision building a financial ecosystem: A digital front door where users lock into a continuum of banking, payments, app-driven activities that...
Zopa, the United Kingdom-based peer-to-peer (P2P) lender, has reached its latest milestone and received its banking license as it takes on traditional banks, the Financial...
Yet another business consortium vies for a lucrative, wholesale digital banking license, according to reports. Singapore’s FinTech firm ADVANCE.AI, Hong Kong’s financial services company Sheng...
B2B payments and international money transfer company B2B Pay has announced plans to become a regulated financial institution, and is looking to investors to fuel...
Cryptocurrency company Sygnum is planning to apply for a banking license in Singapore. The company, which is based in both Switzerland and Singapore, has been...
San Francisco-based FinTech company Square, known for its white card readers, has once again decided to become a banking establishment, according to a report in...
U.S. banking watchdog the Office of the Comptroller of the Currency (OCC) is facing a lawsuit, adding another setback to its struggling effort to provide...
Social Finance, otherwise known as SoFi, the student loan online lender, is giving up on its hopes to become a bank for now. According to...