Is U.K. FinTech startup Revolut pursuing a banking license in the U.S? CEO Nik Storonsky reportedly hinted as much when speaking to an audience of investors in Helsinki, Finland, on Wednesday (Nov. 20), noting that the U.S. market is more credit card-centic, making it tougher...
Another group of Singaporean businesses, Beyond Consortium, has thrown its hat in the ring to apply for the country’s digital bank licenses. Beyond Consortium, which is led by V3 Group and EZ-Link and includes Far East Organisation, Mitsui Sumitomo Insurance, Heliconia Capital and the Singapore...
In late June, the Monetary Authority of Singapore (MAS) sent a ripple through the global financial services ecosystem with the announcement of its intention to issue five digital bank licenses to eligible applicants. “The new digital bank licenses mark the next chapter in Singapore’s banking...
January 03, 2020
In late June, the Monetary Authority of Singapore (MAS) sent a ripple through the global financial services ecosystem with the announcement of its intention to issue five digital bank licenses to eligible applicants. “The new digital bank licenses mark the next chapter in Singapore’s banking liberalization journey,” said Tharman Shanmugaratnam, senior minister and chairman of […]
November 21, 2024
Spendesk aims to strengthen its offer in core markets and support the global growth of its spend management platform for medium-sized businesses with the help of its new partnership with FinTech platform Adyen. Adyen’s banking licenses in the United Kingdom, the United States and the European Union will help Spendesk remain compliant in the countries […]
November 20, 2024
Is U.K. FinTech startup Revolut pursuing a banking license in the U.S? CEO Nik Storonsky reportedly hinted as much when speaking to an audience of investors in Helsinki, Finland, on...
January 06, 2020
Another group of Singaporean businesses, Beyond Consortium, has thrown its hat in the ring to apply for the country’s digital bank licenses. Beyond Consortium, which is led by V3 Group...