Tag: challenger bank
Afin Bank lands AwR banking licence, plots 2025 launch of mortgage offering for UK’s African diaspora
Banking License: Afin Bank has received an Authorized with Restrictions (AwR) banking license from the Prudential Regulation Authority...
ICYMI fintech funding round-up: Abhi, Emerge, Diesta, and Axyon AI
Abhi Secures $15 MillionLocation: UAE
Funding: $15 million in credit financing
Led by: Shorooq Partners and Amplify Growth...
Multitude Bank secures €15m majority shareholding in Norwegian digital challenger Lea Bank
Multitude Bank, a wholesale bank based in Malta, has acquired a 9.9% stake in Lea Bank, a listed...
UK challenger Monese to be acquired by fellow fintech Pockit
Pockit, a UK fintech, is acquiring Monese, a mobile banking provider, aiming to create a fintech platform for...
Fibabanka debuts first BaaS platform in Türkiye with GetirFinans
Fibabanka launches Türkiye’s first Banking-as-a-Service (BaaS) platform.
GetirFinans, a financial services arm of Getir, is the platform's first...
UAE challenger Ruya Bank partners Network International for digital payment capabilities
Ruya Bank, the first Islamic digital community bank in the UAE, has signed with Network International for payment...
Saldo Bank taps Enfuce to launch its first payment card programme
Partnership: Saldo Bank, based in Vilnius, Lithuania, has partnered with Enfuce, a Finnish issuer processor, to launch its...
New digital banking brand launched in Saudi Arabia, NEO
Launch of NEO: Saudi National Bank (SNB) is launching NEO, a new mobile banking brand in Saudi Arabia,...
Australia’s MyState Bank taps Backbase for Engagement Banking platform
Partnership Announcement: MyState Bank, based in Hobart, Tasmania, has selected Dutch digital banking solutions provider Backbase to enhance...
Revolut taps Visa Direct for cross-border business payments
Instant Card Transfer Launch: UK challenger bank Revolut is launching instant card transfer capabilities for its business customers...
Revolut becomes Europe’s most valuable private tech firm after $500m employee share sale
New Valuation: Revolut has become Europe’s most valuable private tech company, now valued at $45 billion after a...
Science Card introduces new debit card offering to help accelerate UK scientific discovery
Launch of Science Card: Science Card, a London-based start-up, has launched in the UK to raise awareness of...