British neobank Monzo says it has reached profitability while reducing its annual losses. According to the bank’s annual report, Monzo reported net operating income of...
With profits increasing six-fold and revenues rising, Starling Bank’s CEO is stepping down. Ann Boden, who is both founder and chief executive of the British...
Banks may feel pressure to match Apple’s offering of higher savings rates with a Goldman Sachs savings account than most institutions as the tech giant...
The neobanks promised to shake up the world. Especially in Europe. It hasn’t quite worked out that way. As the first quarter of 2023 is...
European neobank Bunq has applied to bring its business to “digital nomads” in the U.S. The company announced Wednesday (April 4) that it had applied...
African neobank Payday is looking to new markets after raising $3 million. The funding, announced Wednesday (March 29), will help the company secure operational licensing...
Federal regulators say neobank Utoppia misled its customers about its banking protections. The Federal Deposit Insurance Corp. announced Monday (March 27) that it was demanding...
Amid the turmoil rocking the financial services sector, as the flights to safety continue, individual and enterprise customers are weighing what’s important to them. And...
Latin America is in the midst of a historical digital commerce boom. The region’s market of small- to mid-sized businesses and professionals that offer digital...