BM Technologies to acquire First Sound Bank
The deal is expected to close in the second half of 2022.
The deal is expected to close in the second half of 2022.
The UK alternative lender is expanding its services using the new platform.
The app will be fully integrated with Volt’s core banking system.
Pavel Fedorov joins Oliver Hughes from the company’s board of directors.
Mixbank aims to provide banking and cash management for businesses without the need for a credit card.
The neobank landed an authorisation with restriction (AWR) banking licence in October 2020.
Edfundo says it is on a mission to help 8 to 18-year-olds become financially literate.
Menta’s platform is designed to improve access to credit for the underbanked.
The funding round takes the 10-month-old company’s valuation to $210 million.
Fintech will offer customers a contactless debit card and fee-free usage of ATMs.
Another collection of funding rounds and raises from all over the world you might have missed.
New challenger bank plans to focus on the north of the UK and plans a large loan book.
Teng says the decision is “one of the easiest and also one of the hardest decisions” he’s made.
Arival plans to provide services to international software firms and underbanked businesses.
The BaaS firm aims to support post-pandemic growth through nurturing SMEs.
The lending-focused challenger secured a UK banking licence last year.
New product will give internet-first businesses access to short-term credit.
Lunar founder and CEO Ken Villum Klausen says payments will be “at the forefront of our next growth phase”.
Dreams CEO and founder, Henrik Rosvall, joins us for this latest episode of our What the Fintech? podcast.
Our top pick of news from the world of finance and tech in bitesize video format, every week.
New bank is applying for an electronic money licence in the UK.
New fintech plans to use time spent mobile gaming to help users reduce debt.
Aborted banking project reflects change of financial services strategy at Google.
UK challenger bank to refocus its business after aborted US entry.
Arzus aims to create a single dashboard for users’ financial lives.
Cover story: multi-tusking – how do you eat an elephant?
10x Future Technologies is a “foundational partner” for the new digital bank.
The granting of the CISA licence to a digital asset-focused bank is the first in Switzerland.
New bank to provide trading, credit, crypto, wage payment and more.
The investment comes after the pandemic accelerated digital-first banking across Southeast Asia.
Vergo will be a vertical neobank for the US construction and interior design industry.
Current CEO Deniz Güven will step down with effect from 27 September.
The neobank’s new suite of products will help new arrivals to the US build credit.
The new bank can now start offering personal savings accounts and business loans.
The new partnership will see the international bank begin to offer digital banking services to UK customers.
New funds will be used for further product development and to grow its team.
The digital bank forms part of JP Morgan’s planned international consumer expansion.
More funding deals you may have missed during a busy week of news.
The two companies say the partnership will facilitate “quick and secure cash deposits”.
Our top pick of news from the world of finance and tech in bitesize video format, every week.