One of the challenges for the challenger banks like Monzo, Starling and Revolut is to go beyond the young demographic...
Despite a challenging scenario for Latin American fintechs, neobanks and digital wallets in Brazil continue to sign up millions of clients.
American Banker takes a look at some of the better know digital banks and how they are trying to build...
The current pandemic has upended the financial services industry more in the last two months than fintech has in the...
AltFi takes a look at overdrafts in the digital banking market, both arranged and unarranged; their research found that Starling...
Digital only banking startups are finding it hard to scale as their offerings are similar to incumbent banks but with some better tech; with the amount of companies starting to increase these banks should think of focusing on a particular niche to get greater traction says Satya Patel, a partner at VC firm Homebrew; customer acquisition costs and a viable revenue model are two of the biggest barriers for companies; online lenders like SoFi have started to offer banking services on top of lending as a means to offer customers more products after providing an initial service. Source.
According to a new study by J.D. Power digital only banks score better than bank in almost all categories except...
Digital banks secured $3bn in 2019 as venture capitalists poured money into banking startups looking to upend the traditional banking...
Singapore is currently evaluating more than twenty applications for five digital banking licenses but many believe those approved will struggle...
UK based digital business bank Tide is seeking to raise close to $80mn after they received the same amount through...