neobank

Zolve raises $15 million for its cross-border neobank aimed at global citizens

Tens of thousands of students and professionals move out of India each year to pursue higher education and for work. Even after spending months in a new country, they struggle to get a credit card fro

What should banking look like for modern couples?

Zeta co-founder Aditi Shekar has spent the past three years tracking the ways couples share and manage their finances, from each card swipe to every split bill. Her effort led to tens of thousands of

Charlie launches a mobile app that ‘gamifies’ getting out of debt

Charlie, a personal finance app that began as a chatbot, is relaunching today with a revamped experience focused on the larger goal of helping everyday Americans get out of debt. To do so, Charlie pre

Upgrade launches checking accounts and debit cards

Fintech startup Upgrade has been positioning itself as a neobank. And yet, the company has mostly been focused on personal loans and more recently credit cards. You couldn’t just replace your ba

Revolut applies for UK banking license

It’s hard to believe that fintech startup Revolut doesn’t have a proper banking license in its home country. But this is about to change, as the company has applied for a banking license in the U.

BBVA says that it is shutting down banking app Simple, will transfer users to BBVA USA

Some consolidation is underway in the world of challenger banking apps. BBVA today told users of Simple — the pioneering mobile and online banking app that it acquired for $117 million in 2014 &

Fintech startups are increasingly focusing on profitability

This year’s economic downturn has been a challenge for the current class of fintech startups: Some have grown nicely, while others have struggled, but the vast majority of them have changed their fo

Revolut launches mid-tier subscription plan

Fintech startup Revolut is tweaking its subscription plans with a new mid-tier offering called Revolut Plus — it costs £2.99 per month. Like N26 Smart and Monzo Plus, the new plan is a pandemic-pro

Sweden’s Tink raises $103M as its open banking platform grows to 3,400 banks and 250M customers

Open banking platforms, where services that might not have previously lived next to each other are now joined up by way of APIs, has been one of the emerging trends of the last couple of years, and to

N26 launches mid-tier subscription plan for €4.90 per month

Challenger bank N26 is adding a third subscription product called N26 Smart. N26 Smart is designed to be a mid-tier subscription plan with advanced banking features but without a travel insurance pack

Bella is a new challenger bank with a text-based interface

Meet Bella, a new challenger bank launching on November 30th. The company is trying to differentiate itself with two distinctive features. First, you can interact with the app using keywords and text

Vivid Money raises $17.6 million for its European challenger bank

German fintech startup Vivid Money has raised a $17.6 million Series A funding round (€15 million). Ribbit Capital is leading the investment. Today’s funding round gives Vivid Money a valuation of

Upgrade adds rewards program to its credit card

Fintech startup Upgrade has been quite successful with its two flagship products — a low-cost credit card and personal loans. The company is making its credit card more attractive by adding rewards

Revolut lets you track your subscriptions, adds savings bonus in the US

Fintech startup Revolut has rolled out a handful of additional features over the past few days. The financial app lets you track all your subscriptions that you pay with your Revolut account or your c

Lydia partners with Tink to improve open banking features

French fintech startup Lydia is going to work with financial API startup Tink for its open banking features in its app. Lydia started as a peer-to-peer payment app and now has 4 million users in Europ

Which neobanks will rise or fall?

Neobanks have created a new tech stack, completely changing the services, products and speed at which they are delivered, and creating more fluidity in payments and currencies.

N26 hires Adrienne Gormley as its new chief operating officer

Fintech startup N26 is announcing some changes in the leadership team with two new C-Level hires. First, Adrienne Gormley, pictured above, is joining the company as chief operating officer, replacing

Kard raises another $3.5 million for its challenger bank for teens

French startup Kard has added $3.5 million (€3 million) to its seed round. The company already raised the same amount last year, which means that Kard has raised $7 million (€6 million) in total f

Jefa is a challenger bank for women without a bank account

Meet Jefa, a startup that is building a challenger bank specifically designed for women in Latin America. The company is building a product that focuses on solving the problems that women face when op

Fondeadora is a Mexican challenger bank that just raised $14 million

Meet Fondeadora, a fintech startup based in Mexico City that wants to build a full-stack neobank. The company just raised a $14 million Series A round led by Gradient Ventures, Google’s AI-focused v
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