Radu Topliceanu named as new head of digital bank Mashreq Neo
Mashreq Neo is the digital offshoot of UAE’s Mashreq – “a bank for a brilliant new world” – launched in 2017.
Challenger Bank
Indian neobank Jupiter lands $12m in venture debt financing
Jupiter says the funds will go towards scaling up the neobank’s suite of lending products.
Taiwan’s challenger Next Bank launches on Temenos core banking tech
Digital-only Next Bank is backed by Taiwan’s largest telecom operator, Chunghwa Telecom.
Challenger bank N26 sees changes in leadership structure
N26’s CFO and interim COO Jan Kemper has jointly agreed with the bank to step down from his role.
Australia’s Alex Bank lands regulatory ADI licence
The bank says it was granted the licence just 18 months after it received a restricted ADI licence.
Top five fintechs and neobanks of 2022
FinTech Futures takes a look back at some of the year’s top new fintechs and neobanks.
JP Morgan invests in Indian paytech ISG, buys stake in Viva Wallet
JP Morgan is aiming to enhance digital transactions for its corporate clients in APAC and Europe.
Banking Technology Magazine Dec 2022 / Jan 2023 issue out now
Cover story: THE BEST OF BANKING TECH – Winners and pictures from an amazing night.
New UK bank Ashman live with Mambu’s core banking tech
Once fully launched, Ashman will serve SMEs in the UK’s commercial real estate sector.
Starling Bank to create 1,000 jobs as it opens new Manchester base
Starling says it chose Manchester due to its “deep pool of tech talent and rich cultural and creative heritage”.
Brazil’s C6 Bank taps Thought Machine for core banking technology
The bank will be powered by Vault Core, Thought Machine’s cloud-native core banking platform.
Swiss neobank Alpian partners Napier, goes live on Temenos Banking Cloud
The bank will deploy the Napier Continuum financial crime compliance platform.
Getting banked: financial services and the US cannabis industry
We chat with Michael Beird of Infused Banking about how banking is changing for US cannabis businesses.
North America fintech funding round-up: Syncfy, Totem and more
Our weekly fintech round-up for you to get the latest funding news from across North America.
Bevan Money taps Sopra Banking Software for core banking tech
Bevan Money will utilise SBS’ Sopra Banking Platform technology to power its offering.
Challenger bank Tonik acquires paytech firm TendoPay
Through the acquisition, Tonik aims to augment its lending portfolio.
SME challenger bank Allica bags £100m Series C funding
Allica says the cash will allow it to “scale rapidly and accelerate its disruptive impact in the UK SME market”.
Al Rajhi Bank Malaysia launches digital bank Rize
Rize offers a mobile banking app for Malaysian customers.
US challenger bank Greenwood secures $45m funding
The latest round brings the total capital raised by the challenger to $88 million to date.
Singapore’s Trust Bank taps Thought Machine for core banking tech
Trust has picked the vendor’s Vault Core solution to power its new digital banking offering.
Singapore fintech Finbots.ai signs digital bank client in Asia
The firm has signed up Mongolia’s first neobank, M bank, to help build out its digital lending business.
Swiss digital banking start-up Swiss4 bags FINMA fintech licence
The licence provides authorisation for the company to act as a deposit-taking financial institution.
UK challenger Tandem partners Cogo to help customers track their carbon footprint
Cogo’s tech will feature on Tandem’s green living hub, with plans to integrate directly into the bank’s app in 2023.
Atom Bank lands £30m funding to boost lending and fuel growth
The new cash means the Durham-based challenger bank has now raised £105 million over 2022.
UK challenger Tandem appoints new CFO and CRO to bolster its leadership team
David McCarthy has been named as the firm’s new CFO with Wahid Ali joining as CRO.
Hong Kong’s WeLab considers new funding round
According to Bloomberg, the fintech firm is valued at around $2 billion.
Climate First Bancorp acquires ESG data platform Ecountabl
Ecountabl indexes data on more than 10,000 companies, analysing their ESG performance.
Kuda launches in the UK with tell.money’s open banking compliance tech
Kuda says its UK launch “is the first step in its global expansion to serve overseas based Nigerians”.
ZDF launches new cloud-based core banking system
Minna Bank, Japan’s first digital bank, is the first user of the new core system developed by ZDF and Accenture.
Not all banks are created equal
Digital banks are setting themselves apart from the incumbents and ushering in a new age in banking.
UAE’s Wio Bank goes live on Mambu’s cloud banking platform
The challenger says it chose Mambu’s API-led cloud platform to achieve a “faster” time to market.
Fintechs Pleo, Chime and Chargebee cut jobs as economic uncertainty bites
The three firms join an ever-increasing list of fintechs hit by the current economic volatility and uncertainty.
GoTyme Bank selects Daon for digital identity verification
The digital bank will utilise Daon’s IdentityX platform for ID authentication.
Revolut India appoints Arjun Mehta as new CFO
Mehta will lead channel development, expense management and revenue planning for the company.
UnionDigital Bank taps Thought Machine and Callsign to power its mobile app
UnionDigital Bank will deploy Thought Machine’s Vault Core solution and Callsign’s digital ID platform.
Ashman selects nCino to power its real estate lending solution
The UK challenger will deploy nCino’s cloud-based Bank Operating System.
Starling Bank tops 2,000 employees, opens new London office
The challenger plans to expand its workforce by another 10% by the end of the year.
US challenger Zenus picks Finxact to power its “global banking platform”
Finxact will join Microsoft and HSO, a business network and cloud consultancy, in delivering the platform.
Atom Bank appoints new CFO, Andrew Marshall
Marshall replaces previous CFO and co-founder David McCarthy, who is leaving the firm for personal reasons.
German challenger N26 partners Bitpanda to offer crypto trading services
The partnership will enable N26 customers to buy and sell almost 200 cryptocurrencies.
