Non-bank competitors

452 articles tagged with this keyword

/startups

Curve secures £133 million in Series C, signals 2024 profitability

Curve has secured an additional £58 million in its series C round, taking the round’s total funding to over £133 million.

/people

Revolut expanding team to target mortgage financing in Europe

Revolut is looking to hire global candidates to enhance mortgage products for their customers in Europe.

/payments

Ant Group adds 10 e-wallets from the Alipay+ programme into China

Ant Group has introduced 10 mobile wallets already used across Asia to the Chinese mainland through the Alipay+ in China (A+China) program. The move comes in preparation for the Hangzhou Asian Games.

/startups

Irish fintechs bemoan lack of state support

Innovation within Ireland's banking sector has been hindered by a lack of government funding, claims a newly published report.

/startups

African startups raise $2.7bn in VC funding

Startups in Africa's fintech market have secured more than $2.7bn in venture capital (VC) funding in the last two years, according to a recently released report.

/payments

Revolut prioritises financial inclusion in expansion into LATAM

Revolut is offering Revolut Lite in Latin American countries to make cross-border transactions and transfers more accessible to the unbanked.

/sustainable

Shift sustainability behaviour through positive reinforcement - ekko

Discussing the rise of sustainable fintechs and demand for greener financial services, founder and CEO of Embedded Sustainability provider ekko, Oli Cook, speaks to how the payments industry has a role to play in sustainable decision making.

/payments

RTGS.global to pilot cross-border service with banks in Georgia and Tajikistan

RTGS.global has signed pilot agreements with MDO Humo in Tajikistan and Credo Bank in Georgia as a move to run pilots of its settlement service in Central Asia.

/security

CFPB warns consumers about non-insured payments apps

The Consumer Financial Protection Bureau (CFPB) has warned users of non-bank payment apps that their accounts are not protected by federal deposit insurance coverage.

/startups

Revolut faces reported rejection for a UK banking license

The Bank of England is planning to reject Revolut’s long-standing application for a banking license in the UK, according to the Telegraph.

/cloud

JPMorgan Chase boss Dimon hails 'groundbreaking' AI

JPMorgan Chase has more than 300 AI use cases in production, CEO Jamie Dimon has revealed, calling the technology "extraordinary and groundbreaking".

/payments

Citi Digital Money Symposium: How are FIs leveraging data to meet consumer demand?

Finextra attended the Citi Digital Money Symposium, which brought together experts from all over the industry to discuss innovation and emerging trends across the online payments sector in 2023. The conference looked at the challenges that could arise as the payments ecosystem becomes increasingly digital.

/people

N26 chief risk officer quits

German digital bank N26 has lost its third senior executive in a year, with chief risk officer Thomas Grosse leaving for personal reasons.

/payments

FCA grants UK e-money license to Payoneer

Cross-border payments firm, Payoneer, has gained its Electronic Money License (EMI) with approval from the Financial Conduct Authority (FCA).

/payments

Brazil celebrates 2 years of open finance

Today marks two years since Brazil launched its Open Finance Initiative. Open banking in Brazil has blossomed thanks to the initiative, forging a new governance structure and financial system for financial institutions in the nation.

/retail

LendingClub cuts 225 jobs

P2P lending pioneer LendingClub is cutting its workforce by 14% - 225 employees - as it faces up to reduced demand for its loans.

/people

Atom Bank names CFO

UK challenger bank Atom has named Andrew Marshall as chief financial officer.

/crypto

N26 unveils crypto offering

German challenger bank N26 has launched its first cryptocurrency offering which will enable clients to trade close to 200 virtual currencies.

/regulation

FCA’s amendment to the 90 day PSD2 rule comes into effect

The update will further streamline users’ ability to confirm data access for open banking services.

/payments

Revolut adds Brazil and Mexico to global expansion

Digital bank Revolut has announced its expansion into Mexico and Brazil, with a plan to hire 250 new employees in both countries by 2025.