mobile banking

N26 opens tech hub in Vienna with a focus on security

Fintech startup N26 is opening an office, its fourth, in Vienna. Eventually, the company plans to hire 300 software engineers, product managers and IT specialists. N26 is building a mobile bank and ha

US mobile bank Chime raises $200 million, valuing its business at $1.5 billion

San Francisco-based mobile banking startup Chime announced this morning it has raised an additional $200 million in Series D financing led by DST Global, valuing its business at $1.5 billion. The over

Step targets teens and parents with a no-fees mobile bank account and Visa card

A new mobile banking startup called Step wants to help bring teenagers and other young adults into the cashless era. Today, cash is used less often, as more consumers shop online and send money to one

Mobile bank Chime picks up credit score improvement service Pinch in all-stock deal

Chime, the no-fees mobile bank valued at $500 million as of its last round, has put some of its funds to use with its first acquisition. The deal is for Pinch, a startup that was focused on helping mi

Seattle’s new venture firm, Flying Fish, holds a first close on its targeted $80 million fund

The founding partners of the new Seattle-based venture firm Flying Fish met as angel investors deploying capital in the talent-heavy, cash-light region around Amazon and Microsoft’s corporate h

Revolut merges mobile banking with cryptocurrency trading

Revolut is merging traditional banking and cryptocurrency to let you buy, sell, trade, and hold Bitcoin, Litecoin, and Ether alongside 25 world fiat currencies. The $90 million-funded mobile banking s

Challenger bank Monzo raises another £71M from Goodwater Capital, Stripe and Michael Moritz

Monzo, one of a number of “challenger” banks in the U.K. aiming to re-invent the current account, continues to be on a roll, both in terms of user numbers and now a significant new funding round.

Alipay, China’s top mobile payment service, expands to the U.S.

China’s dominant mobile payment service is making its move in the U.S.. Ant Financial, the Alibaba spin-off that operates Alipay, has inked a deal with payment processor firm First Data that wi

TalkBank lets you chat with your bank

As a fan of banks – I like the lollipops they give out – I’m slightly disturbed by services like TalkBank. This Russian company replaces one-on-one teller interaction with a chatbot

Danish banking app Lunar Way raises €4.2M

Danish banking app <a target="_blank" href="https://lunarway.com/">Lunar Way</a> is one of a plethora of startups in Europe attempting to update the retail banking experience with a mobile-first offer

Zelle p2p payments push to compete with Venmo now has 19 US FI backers

The US finance industry might finally be getting its ducks in order to compete with the likes of PayPal-owned social payments platform Venmo. Today bank network operator Early Warning announced it has

Android Pay launches in Australia

Google is continuing the expansion of Android Pay in Asia Pacific after the mobile payments service went live in Australia today, its most significant launch in the region to date.

The rise of the overbanked and the opportunity to serve them

Meet Alvin, a Silicon Valley executive in his late-30s. Alvin has accounts with three banks, an online brokerage account and has borrowed from no less than nine lenders in the past five years. In toda

Transforming how retail banking works

Mobile is changing how people work, travel, read, communicate, shop and many other lifestyle behaviors. In the Internet Trends 2015 report by KPCB, mobile engagement is better than ever, with three ho

Walmart Now Offering Low-Cost Mobile Checking Accounts Through Exclusive Deal With Green Dot’s GoBank

Apple Pay what again? Walmart is getting into the mobile banking space, the company announced this morning, through a partnership with financial services provider Green Dot Corporation. The company's

Moven Bags $8M To Take Its Mobile Banking App Overseas

Moven, a startup that aims to make it easier for people to manage their spending by offering money management tools and real-time spending updates in app form, has closed an $8 million Series A fundin

How T-Mobile’s New Mobile Banking Service Compares With Simple And Amex Serve

T-Mobile today <a target="_blank" href="http://multimediacapsule.thomsonone.com/t-mobileusa/mobile-money-by-t-mobile#_edn2">announced</a> its intentions to get into the business of providing banking s

Mobile Banking And Payment Startup mFoundry Sold To FIS For $120M On $165M Valuation

Some consolidation in the world of mobile payments and mobile banking: <a target="_blank" href="http://www.mfoundry.com">mFoundry</a> is <a target="_blank" href="http://www.mfoundry.com/press/fis-adva

Report: 46% Of U.S. Bank Account Holders Will Use Mobile Banking By 2017

According to a new <a target="_blank" href="http://forrester.com">Forrester Research</a> <a target="_blank" href="http://www.forrester.com/The+State+Of+Mobile+Banking+In+Europe+2012/fulltext/-/E-RES61

Mobile Banking Consolidation: Monitise Buys Clairmail For $173 Million

One more sign of the mobile money space continuing to grow up: some significant consolidation underway. Today, the UK-based mobile banking specialists Monitise announced that it is buying Clairmail, a
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