PYMNTS-MonitorEdge-May-2024

bunq

Bunq and Companjon Team to Offer Users Embedded Insurance
Bunq and Companjon Team to Offer Users Embedded Insurance
February 07, 2023  |  Partnerships

Neobank Bunq has tapped Irish InsurTech startup Companjon to provide its users with embedded insurance. Through the partnership, Bunq Easy Green customers will automatically be...

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FIs Leverage Trust, Security to Compete in EU Neobank Space
FIs Leverage Trust, Security to Compete in EU Neobank Space
February 02, 2023  |  Digital Banking

JPMorgan Chase is banking on digital to help grow its business in Europe. Less than 18 months after it launched its digital proposition Chase in...

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Digital Budgeting Tools Increase as Holiday Cost-Cutting Sweeps Across Europe
Digital Budgeting Tools Increase as Holiday Cost-Cutting Sweeps Across Europe
December 26, 2022  |  Consumer Finance

As inflation bites, European consumers are turning to cost-cutting tools and techniques this holiday season. In fact in the U.K., a poll by Accenture found...

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European Banks Pay for Anti-Money Laundering Failures
European Banks Pay for Anti-Money Laundering Failures
December 15, 2022  |  AML

A string of fines is shining a light on anti-money laundering failures at European banks. First, the U.K.’s Financial Conduct Authority (FCA) slapped Gatehouse Bank...

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Digital Budgeting Tools Are Inflation Era Lifeline for Millennials and Gen Zs
Digital Budgeting Tools Are Inflation Era Lifeline for Millennials and Gen Zs
October 19, 2022  |  Consumer Finance

As European consumers look to mitigate against continent-wide inflationary pressure, many are tightening their purse strings ahead of what may be a difficult winter. Across...

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Bunq’s CapitalFlow Picks Up $10M for Green Financing
Bunq’s CapitalFlow Picks Up $10M for Green Financing
August 26, 2022  |  Investments

Ireland-based Capitalflow Group, owned by neobank Bunq, has secured 10 million euros (about $10 million) from the low-cost Energy Efficiency Loan Scheme (EELS) of the...

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EMEA Neobank Weekly: Newcomers Seek to Differentiate as UK Grants Fresh Licenses
EMEA Neobank Weekly: Newcomers Seek to Differentiate as UK Grants Fresh Licenses
July 03, 2022  |  Banking

In this week’s EMEA neobank news, the U.K is set to get two new neobanks as both Ashman and Kroo are granted licenses. Ashman has...

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EMEA Neobank Weekly: Newcomers Seek to Differentiate as UK Grants Fresh Licenses
EMEA Neobank Weekly: Newcomers Seek to Differentiate as UK Grants Fresh Licenses
July 01, 2022  |  Digital-First Banking

This week in the news, the U.K is to get two new neobanks as Ashman and Kroo are granted licenses. Ashman has been issued a...

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EU Neobanks Lean on Innovation, Consolidation to Bolster Growth
EU Neobanks Lean on Innovation, Consolidation to Bolster Growth
June 29, 2022  |  Banking

In the early days of Europe’s neobank revolution, the continent’s 750 million+ inhabitants provided what felt like an unlimited pool of customers for a generation...

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