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Unicorn Neo Banks and their performance through COVID-19
There are 17 unicorn neo banks (defined by a pre-money valuation over $1 Billion) from around the world and here they have been categorised by their core product at time of launch.... more
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The top ten challenger banks by value – and why
Challenger banks have raised hundreds of millions in venture capital to take on bank incumbents. But how are these startups doing at reaching, converting, and engaging millions of customers? Challenger... more
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Challenger bank N26 reaches 5 million customer milestone
N26, one of the so called Challenger banks has reached the milestone of 5 million customers. N26 was founded in 2013 and raised $683 million (£520 million , €616 million... more
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Mastercard to offer retailers fee incentive to boost cashback in the UK
Mastercard has outlined a new initiative to increase the UK’s access to cash. Local shops and businesses who choose to offer cashback in conjunction with a purchase, will from April... more
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Singapore exploring virtual banking licenses for FinTechs
The Monetary Authority of Singapore (MAS) is reported to be evaluating if it should allow FinTech companies to operate in the city under a virtual banking license. Banks in Singapore... more
The post Singapore exploring virtual banking licenses for FinTechs appeared first on Payments Cards & Mobile.
