An article in Forbes earlier this month about the traction of digital banks caught my attention. A survey of U.S....
Comun's seed round was led by Silicon Valley fund Costanoa Ventures and included participation from South Park Commons and FJ Labs.
More than a year after it would expand to Latam, British neobank Revolut has officially launched in Brazil with its global account product.
Credijusto, a leading Mexican small business fintech paid $50 million to buy Banco Finterra in June. Co-CEO David Poritz wrapped day one of the LendIt LatAm keynote section, discussing what it was like as the only neobank holding a banking license in Mexico.
Digital banks in Brazil are finally making inroads into one of the most competitive and highly profitable credit markets in the world.
Volt, a challenger bank in Australia has raised $70 million in a Series C round; they have now raised $100...
The firm has helped members save upwards of $7 billion to date through retirement savings, investing, and rainy day fund planning.
Global neobanks have focused on the regional ecosystem as the fintech sector gained decent size and scale in the past few years.
SBI Group, owner of SoftBank is investing into the mobile-first bank; SBI Group will also get a seat on Moven's board and the companies plan to form a joint venture in Japan; Moven is also splitting its business in two; one side is the software provider that powers digital banking software and the other is the neobank, MovenBank; Moven also announced that it is in the process of purchasing a US bank. Source
In episode two of PitchIt: the fintech startups podcast we talk with Daylight Co-Founder and Chief of Staff Billie Simmons....