Latest Mobile & online banking News: Finextra Research

Hamish Monk Senior Reporter at Finextra

How to build a mobile banking app

14 October 2024

Company update/payments

Venmo addds recurring payments feature

Venmo today announced a new, highly requested feature that allows users to schedule one-time or recurring payments or requests with friends and family on Venmo.

14 October 2024

News/retail

Monzo to hit £4.5bn valuation in employee share sale

Monzo is offering employees the opportunity to sell part of their stakes in the digital bank through a secondary sale that sees its valuation hit £4.5 billion.

10 October 2024

Company update/retail

Multitude buys stake in Lea Bank

Multitude PLC, a listed European fintech company that offers digital lending and online banking services to consumers, SMEs, and other fintechs is pleased to announce that its subsidiary, Multitude Bank has acquired a 9.9% stake in Lea Bank ASA, a Norwegian digital bank dedicated to providing consumer financing across Nordic countries and Spain.

10 October 2024

Company update/sustainable

Tandem to add carbon tracking from Cogo to mobile app

Green fintech, Cogo, is today announcing its partnership with the UK’s greener digital bank, Tandem, has evolved to now offer customers a carbon management solution which is integrated into the bank’s app.

10 October 2024

News/retail

Pockit to buy Monese

Pockit, a UK fintech that provides financial services to low-income and underserved customers, has agreed terms to acquire struggling mobile banking outfit Monese.

10 October 2024

Research/Mobile & online bankingFuture of Report

The Future of Embedded Finance in Africa 2025

10 October 2024 265 downloads

Company update/payments

MyBank and Paysafe strike payments alliance

MyBank, the widely used account-to-account (A2A) payment method enabling individuals, companies and public authorities to make and receive payments directly through their online banking portal/app is announcing a new partnership with leading payments platform Paysafe.

08 October 2024

Company update/payments

JCB offers GooglePay in Japan

JCB Co., Ltd., Japan’s only international payment brand, announced that it enabled Google Pay for its customers on September 6, 2024.

07 October 2024

News/inclusion

Paysend launches Paysend Libre in Mexico to reach underbanked population

In a push for financial inclusion in Mexico, Paysend has launched Paysend Libre backed by Mastercard.

04 October 2024

Company update/retail

Fizz revamps money app for students

Fizz today announced the launch of the next evolution of its Money App, specifically designed to empower students in managing their finances and building a strong financial foundation.

03 October 2024

Company update/retail

Canada's Koho raises funds

Today KOHO announced that it has secured $190M in additional capital, $40M of which is equity and $150M in debt.

02 October 2024

Company update/retail

Dutch digital banking startup Plumery raises $3.3m

Plumery, a digital banking experience platform for true customer-centric banking, today announced it has secured $3.3M in additional funding from early-stage investor DN Capital and Fontes managed by leading global VC firm QED Investors.

02 October 2024

News/retail

HSBC writes off Monese stake

HSBC has written off its stake in Monese just two years after investing $35 million in the mobile banking fintech.

01 October 2024

Company update/retail

NCR Voyix completes sale of digital banking business

NCR Voyix Corporation (NYSE: VYX) (“NCR Voyix” or the “Company”) announced today the completion of the previously announced sale of its Digital Banking business to Veritas Capital for a purchase price of $2.45 billion in cash plus future additional contingent consideration of up to $100 million.

30 September 2024

Company update/security

Heimdal and emt Distribution target Mena cybersecurity market

Heimdal and emt Distribution announce a strategic partnership that combines Heimdal’s advanced cybersecurity solutions with emt Distribution’s deep market expertise.

30 September 2024

News/retail

BofA launches account to help parents teach kids money lessons

Bank of America has launched an account designed to help parents teach their children how to manage money.

27 September 2024

Company update/markets

Bunq debuts stock trading

Bunq, the second largest neobank in Europe, launches Stocks, a new investment product tailored for digital nomads. This comes as bunq actively gains trust in Europe, reaching 14.5 million users.

24 September 2024