It was only just over a year ago that McKinsey described Africa’s financial technology landscape as a “hotbed for investment.” Fast-forward to today and startups on the continent are facing many
U.K.-based Revolut saw its valuation being reduced earlier this year, and the company is once again in the headlines for reasons that it won’t like.
Anne Boden nearly lost a grip on Starling Bank years ago when the neobank was in the middle of a coup effort led by its CTO, but now it looks like Boden is doing the walking away. The outspoken founde
Revolut's situation seems like awful news for other neobanks. How much more room do less profitable neobanks have to fall?
It's essential to consider this moment as an opportunity to start banking with some of the few Black-owned banks.
While it is possible to build a neobank that isn't bone-grafted to the venture capital markets, it can be a very long road to get to that point.
There's some good financial news brewing for neobanks: new data indicates that at least some of the larger and better-known neobanks are going to be OK after all.
Mono is building a fully digital bank with accounts that can be opened in around 15 minutes versus an average of two weeks at an incumbent bank.
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Every Monday, Grace and Alex scour the news and record not
Daniel Sathyanesan spent two years at tech behemoth Apple as a user experience designer on the Apple Card before venturing out on his own. While running his own business — a service-based design
Unless you own many shares of financial technology startups, this will be fun.
Fintech Farm, a newly launched fintech startup based in the U.K. that creates digital banks in emerging markets, confirmed to TechCrunch today that it has raised $7.4 million in seed funding. The comp
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Oxygen, a startup that is bringing digital banking services to freelancers and micro- and small-sized businesses, is in talks to raise a new round at a valuation of over $500 million, two sources fami
In good news for its peers that may seek to go public, the numbers Nubank has shared in its IPO filing seem to make pretty reasonable business sense.
Zolve, a neobanking startup that aims to help immigrants in the U.S. gain access to financial services, said on Wednesday it has raised $40 million in a new financing round as it begins to roll out it
Fintech startup Atomic announced this morning that it has closed a $22 million Series A. Core Innovation Capital led the round, which saw participation from preceding investors. The company has raised
Industry veteran Jitendra Gupta’s neobank for consumers in India — Jupiter — has raised $45 million in a new financing round as the Bangalore and Mumbai-based startup gears up for i
At least a portion of the neobanking world is financially stable enough to consider public offerings.
Kuda Bank, the London-based, Nigerian-operating startup that is taking on incumbents in the country with a mobile-first, personalised and often cheaper set of banking services built on newer, API-base