Tagged: digital bank

November 17, 2025 @ 8:14 am By Omar Faridi  |  

European digital bank N26 announced the appointment of Dr. Andreas Dombret, Byron Haynes and Dr. Daniel Terberger as new members of its Supervisory Board. They were elected at an Extraordinary General Meeting by shareholders, and will join N26’s Supervisory Board with “immediate effect.” Andreas Dombret… Read More

November 17, 2025 @ 2:20 am By Omar Faridi  |  

UK’s digital bank OakNorth provided a £7.5m loan to McAvoy, one of the UK and Ireland’s market leaders in the manufacturing and rental of premium modular buildings. The facility supports the business’ working capital requirements after its acquisition by European mid-market private equity firm, Duke… Read More

November 14, 2025 @ 12:52 pm By Omar Faridi  |  

Nubank (NYSE: NU), one of the world’s digital financial services platforms, announces the launch of products that aim to enable greater autonomy for customers. The Nu Guaranteed Limit (Nu Limite Garantido) and the Limit Mission (Missão Limite) reinforce Nubank’s positioning as “a partner in the… Read More

November 4, 2025 @ 8:11 am By Omar Faridi  |  

Digital bank OakNorth has reportedly provided an £87.6m property investment facility to Elysian Residences, the specialist retirement living developer and operator, to refinance its completed schemes – The Denton in Berkhamsted and The Beckett in Tunbridge Wells. These schemes are now said to be part… Read More

November 2, 2025 @ 12:40 pm By Omar Faridi  |  

TS Anil will be stepping down after nearly six years of being in charge at UK’s digital bank Monzo. Anil is now making way for Diana Layfield, who is the former GM of search international and growth at Google. In statements shared with Bloomberg, Anil… Read More

November 2, 2025 @ 12:06 pm By Omar Faridi  |  

Digital bank Revolut has unveiled a fee-free conversion service for its user base. The UK-based fintech, now serving over 65 million customers worldwide, has scrapped all charges and hidden spreads on exchanges between U.S. dollars and the following stablecoins: Tether’s USDT and Circle’s USDC. This… Read More

October 27, 2025 @ 10:40 am By Omar Faridi  |  

UK’s digital bank Monzo is reportedly planning a new private share sale, according to sources familiar with the matter. The fintech, known for its app-based banking services, is said to be engaging in discussions that could see existing investors and employees offload shares, potentially valuing… Read More

October 25, 2025 @ 11:37 am By Michael Wong  |  

Pave Bank, a fully licensed commercial bank built for this new financial architecture, said it has raised more than $39 million in a round led by Accel. The fresh funding will help scale what it calls the world’s first programmable commercial bank built to operate… Read More

October 23, 2025 @ 2:25 pm By Omar Faridi  |  

Digital bank Revolut confirmed recently that it obtained regulatory approval from the CySEC – Cyprus Securities and Exchange Commission as part of the EU’s Markets in Crypto-Assets (MiCA) framework, enabling the UK-headquartered fintech company to provide digital asset services via 30 different European Economic Area… Read More

October 22, 2025 @ 8:52 am By Omar Faridi  |  

Digital bank Revolut, which enables a global fintech platform with over 65 million retail customers today announced it has received final authorisation from the National Banking and Securities Commission (CNBV), with approval of the Bank of Mexico, to commence operations as a Multiple Banking Institution… Read More

October 21, 2025 @ 12:18 am By Omar Faridi  |  

Digital bank Revolut and its backers are said to nearing the completion of a $3 billion fundraising round that reportedly values the UK-based fintech company at $75 billion. Revolut has now started informing investors about the allocation of shares they will be receiving as part… Read More

October 18, 2025 @ 10:09 am By Omar Faridi  |  

Monzo, the digital bank serving business customers, is helping simplify tax filing for sole traders and landlords with a new tool that lets them file directly to HMRC from their Monzo Business bank account. Built in partnership with Sage, the tool is designed to help sole… Read More

October 17, 2025 @ 8:15 am By Omar Faridi  |  

Sygnum Bank Middle East announces the launch of Sygnum Validators, a new service launched from Abu Dhabi Global Market (ADGM) which includes operating institutional-grade validator nodes for select blockchain net​​works that enable non-custodial staking. The first validator to launch supports the Solana network, enabling eligible… Read More

October 17, 2025 @ 8:14 am By Omar Faridi  |  

Anchorage Digital Bank, the federally chartered crypto bank in the U.S., supports global USD wire transfers. With this feature, Anchorage Digital Bank becomes a crypto-native institution to offer cash and crypto services via a unified, federally regulated platform. Clients are able to now hold, send,… Read More

October 16, 2025 @ 2:35 pm By JD Alois  |  

The Office of the Comptroller of the Currency (OCC) has provided a provision bank charter to Erebor Bank, the first de novo national bank charter issued under the current administration. Erebor Bank is a digital asset-friendly bank that has the support of some big names,… Read More

October 16, 2025 @ 8:26 am By Omar Faridi  |  

Digital bank Revolut recently announced the acquisition of Swifty, an AI-powered travel agent startup incubated at Lufthansa Innovation Hub (LIH). This latest acquisition by Revolut brings Swifty’s AI tech and Co Founders Stanislav Bondarenko and Tomasz Przedmojski to Revolut, where they will focus on enhancing… Read More

October 15, 2025 @ 8:14 am By Omar Faridi  |  

UK’s digital bank OakNorth recently announced that it provided a flexible revolving credit facility to OUTCO, a technology-powered provider of outdoor estate maintenance services, after the business’s strategic investment by Perwyn, a European private equity firm. With more than 20 years of experience, OUTCO claims… Read More

October 12, 2025 @ 8:12 pm By Michael Wong  |  

Banglalink and its sole shareholder VEON have written to Bangladesh Bank expressing interest in securing a digital bank licence, the companies said in an expression-of-interest (EoI) sent to Governor Ahsan H Mansur, according to people familiar with the matter. The approach follows earlier discussions with… Read More

October 4, 2025 @ 2:11 pm By Omar Faridi  |  

UK’s digital bank OakNorth provided a $45 million loan to Aya New York. Established back in 2009 by industry professional Amir Shriki, Aya New York is a Manhattan-based real estate investment company focused on acquiring and repositioning “distressed” and “mismanaged” assets in prime New York… Read More

October 2, 2025 @ 2:05 pm By Omar Faridi  |  

Brazil’s digital banking platform Nubank (NYSE: NU) has submitted an application for a US national bank charter, furthering its focus on international expansion expansion. Currenty active across Brazil, Mexico as well as Colombia, a national bank charter from the Office of the Comptroller of the… Read More