Neo Bank news and trends

A Targeted Approach To eCommerce Firms’ Biggest Banking Pains
B2B Payments // November 27, 2020

It’s been more than a decade since the boom of neo and challenger banks stepping into the market to fill the biggest service gaps left by FI giants. Generally considered more nimble and digital-friendly than legacy banks, challengers have injected a much-needed dose of technological...

The Rise Of The Super App In Central America
Merchant Innovation // September 10, 2020

For platforms offering a variety of services — courting sticky relationships with their end users — the holy grail is the super app. It’s a way to build an ecosystem, a conduit to daily interactions that run the gamut from travel to healthcare to banking....

Neo-Bank Current Lands $20M In Funding, Surpasses Half-Million Accounts
Investments // October 25, 2019

Current announced that it has closed a $20 million Series B round, bringing its fundraising total to $45 million. The round was led by first-time investor Wellington Management Company, as well as Galaxy Digital EOS VC Fund. CMFG Ventures, the venture capital arm of CUNA...

Visa, Open Combine Forces For Tech-Driven SME Banking
Startups // July 30, 2019

FinTech startup Open is partnering with global payments tech leader Visa to offer better banking options for SMEs in India. The collaboration gives Open the power to co-create new products with Visa, like real-time payments and business credit cards for startups, the companies announced in...

Interviews & Exclusives
15-Year-Olds Are Reshaping Banking and Credit, and Changes Are on the Way

May 09, 2022
The Bank of Mom & Dad (BOMD) isn’t just a sitcom line. One analysis found that parents lent their kids a collective $47 billion in 2019, mostly in the form of down payments on first homes. What if those first-time homebuyers had become financial ninjas at 15? They might not have needed that humbling BOMD […]

The Rise Of The Super App In Central America

September 10, 2020
For platforms offering a variety of services — courting sticky relationships with their end users — the holy grail is the super app. It’s a way to build an ecosystem,...

Quick Reads
Neo-Bank Current Lands $20M In Funding, Surpasses Half-Million Accounts

October 25, 2019
Current announced that it has closed a $20 million Series B round, bringing its fundraising total to $45 million. The round was led by first-time investor Wellington Management Company, as well as Galaxy Digital EOS VC Fund. CMFG Ventures, the venture capital arm of CUNA Mutual Group, also participated, along with previous investors QED Investors, […]

Visa, Open Combine Forces For Tech-Driven SME Banking

July 30, 2019
FinTech startup Open is partnering with global payments tech leader Visa to offer better banking options for SMEs in India. The collaboration gives Open the power to co-create new products...