Neobanks

Digital Bank Zopa Acquires BNPL Firm DivideBuy
Digital Bank Zopa Acquires BNPL Firm DivideBuy
February 16, 2023  |  Acquisitions

British neobank Zopa has found its first-ever acquisition in buy now, pay later firm DivideBuy. The deal, announced Thursday (Feb. 16) comes two weeks after...

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Inflation Gives Banks Opening to Become Consumers’ Trusted Financial Adviser, Says Truist
Inflation Gives Banks Opening to Become Consumers’ Trusted Financial Adviser, Says Truist
February 14, 2023  |  Digital-First Banking

More consumers are struggling with their finances and budgeting. A recent survey found that 55% of Americans are in a difficult financial position, up 37%...

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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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Monzo Revenue Surges 250% as UK Neobanks Talk Up Profitability
Monzo Revenue Surges 250% as UK Neobanks Talk Up Profitability
January 31, 2023  |  Earnings

Monzo is one step closer to achieving annual profitability by the end of this year. The firm’s latest earnings show that the U.K.-based neobank’s annualized...

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Savings Accounts Play Larger Role in Bank vs Neobank Battle
Savings Accounts Play Larger Role in Bank vs Neobank Battle
January 05, 2023  |  Digital-First Banking

Banks risk losing customers to neobanks — and a key battleground may lie with savings accounts.  And in that case, the advantage may go to...

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Banking-as-a-Service Moves Beyond Debit Cards to Help FinTechs Find Growth
Banking-as-a-Service Moves Beyond Debit Cards to Help FinTechs Find Growth
December 22, 2022  |  Banking

Outsourced banking processes are being used by FinTechs and small business to minimize rising rate risk. By using banking-as-a-service (BaaS) to address this and other...

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FinTechs Give EU Post Offices Edge in Small Business Lending
FinTechs Give EU Post Offices Edge in Small Business Lending
December 05, 2022  |  Loans

Besides enabling mail deliveries, Europe’s post offices are evolving to meet modern banking needs. Leveraging their established branch networks and existing infrastructure, the likes of...

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What’s Top of Mind for FinTechs? Getting Profitable, Says Payments CEO
What’s Top of Mind for FinTechs? Getting Profitable, Says Payments CEO
December 05, 2022  |  Technology

With the new year comes new expectations for FinTech firms. The hype cycle of 2021 has resolved — dissolved might be the better word — in the...

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Learn How Truliant Federal Credit Union Offers On-Demand Banking for Mobile-First Members
Learn How Truliant Federal Credit Union Offers On-Demand Banking for Mobile-First Members
November 29, 2022  |  Credit Unions

Subscription Simple. That’s how 85% of millennials and Gen Z consumers want their FIs to make opening bank accounts and applying for credit, says Jeff...

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