online banking

Betting consumers are tired of bad bank behavior, Aspiration raises $47 million for its alternative

A who's-who of celebrities, investors and celebrity investors have come together to invest $47 million into Aspiration, the company launched by a former speechwriter for President Bill Clinton to chal

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.

Mobile banking startup Varo Money has applied for a bank charter

Varo Money, which provides a mobile-first banking product to consumers, wants to take on the big banks. In an effort to offer similar -- but better -- checking, savings and lending products to consum

Simple is closing some customer bank accounts, and users are mad as hell

Simple, the online banking service that promised to be a better alternative to big banks like Chase or Citibank, is falling short of some users' expectations. This time, it comes as a result of the su

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

Goldman Sachs launches GS Bank, an Internet bank with a $1 minimum deposit

Goldman Sachs has traditionally functioned like a run-of-the-mill investment bank. Minimums to open an account were in the range of $10 million, and returns were not guaranteed. While that will still

BBVA continues its fintech acquisition run, buys Holvi, an online-only business bank

Spanish banking giant BBVA has made another M&A play as it looks for a bigger role in the next generation of financial services: today the company has announced the acquisition of Holvi, an onli

Alibaba-Backed Paytm Can Now Offer Banking Services In India

Eleven companies, including Alibaba-backed <a target="_blank" href="">Paytm</a> and several telecoms, can now offer a wide array of financial services after <a target="_blank" href="h

Tencent Launches China’s First Private Online Bank

Tencent, one of the top Internet companies in China, launched the country’s first private online bank today. Called WeBank after Tencent’s popular messaging app WeChat, the financial institution i

Finance Startup Nubank Nabs $14.3M In Sequoia’s First Brazil Investment

Nubank, a financial services startup based in Brazil, is today opening for business with two key pieces of news. It is launching its first product: a MasterCard Platinum credit card that you can mana

MineralTree Grabs $6.3M To Give SMBs A Secure Alternative To Online Banking

Gartner estimates that more than 10 percent of small businesses have been the victim of theft and/or fraud, with losses totaling more than $2 billion. That's because small businesses are more or less

With Funding In Tow, MineralTree Launches A Disruptive Banking And Payment Solution Aimed At SMBs

For SMBs, managing banking and payment processes is not as easy -- or as secure -- as it should be. So, coming out of stealth today is a Boston-based startup called <a href="

Zeus keylogger affects Firefox, Internet Explorer users doing online banking

<img src="" />Ooh, this is a nasty one, isn't it? There's a computer virus out there called Zeus that targets users engaged in online