Tagged: neobank

November 6, 2025 @ 8:25 am By JD Alois  |  

Jacksonville Florida, he most populous city in Florida and the 10th most populous in the United States, has launched a project seeking to boost Fintech innovation and investment. JAX Hub is being supported by Paysafe, the University of North Florida (UNF) and the City of… Read More

October 28, 2025 @ 8:16 am By Omar Faridi  |  

bunq, which claims to be one of Europe’s largest neobanks, has reportedly been approved by FINRA in order to operate as a US broker-dealer – a move that is said to have been driven by users who reside, work, and invest across Europe as well as… Read More

October 24, 2025 @ 8:47 am By JD Alois  |  

This is kind of interesting. Neobank Chime appears to be gaining popularity among new checking account openings. Chime is a neobank, not a chartered digital bank, that provides services in partnership with The Bancorp Bank and Stride Bank. Chime prides itself on offering services that… Read More

October 16, 2025 @ 9:57 am By Omar Faridi  |  

Ascenda, the loyalty company that enables growth for the world’s financial institutions, has recently announced its partnership with bunq, Europe’s neobanking platform which now also focuses on enabling crypto adoption. The latest collaboration aims to enhance bunq’s loyalty program, unlocking rewards that enable its users’… Read More

September 18, 2025 @ 4:49 pm By Omar Faridi  |  

US based neobank Dave Inc. has issued a statement of support for the recent extension of the data access agreement between Plaid and JPMorgan Chase. Announced on September 16, 2025, Dave’s press release underscores that this development poses no disruption to its longstanding partnership with… Read More

August 5, 2025 @ 4:15 pm By JD Alois  |  

Upgrade, a Fintech focused on providing credit, has surpassed $40 billion in credit, serving over 7 million customers. Launched in 2017, Upgrade was founded by Fintech OG Renaud Laplanche.  While launching with a credit anchor, Upgrade is now more of a neobank providing services like… Read More

July 25, 2025 @ 1:05 pm By Carl Niedbala  |  

  The Fintech landscape has dramatically shifted, moving from a period of explosive growth and sky-high valuations to a more cautious, scrutinizing market. In this new environment, Chime’s (NASDAQ:CHYM) anticipated IPO stands as a pivotal moment, poised to be a true bellwether for the broader… Read More

July 5, 2025 @ 11:30 am By Tony Zerucha  |  

While much of America heads to the beach or a backyard barbecue, payroll administrators are praying they don’t fall prey to the Triple Witching Curse. Luckily, Chime Enterprise’s (NASDAQ:CHYM) PayTV ensures everyone can enjoy their hot dog in peace. Chime Enterprise’s Jason Lee said this… Read More

June 24, 2025 @ 3:35 am By Omar Faridi  |  

For anyone thinking of going freelance or launching their own small business, new research from Europe’s second-largest neobank, bunq, reveals that Ireland is one of the most affordable countries in Europe to get started. Among the top 10 EU economies analyzed, Ireland stands out “as… Read More

June 12, 2025 @ 5:09 pm By JD Alois  |  

Chime (NASDAQ:CHYM) is the most recent Fintech to trade shares on an exchange in an initial public offering (IPO). Chime priced its shares at $27/each. The issuance generated $864 million for the company. Shares traded as high as $44.94 today in the IPO, closing down… Read More

June 6, 2025 @ 3:23 pm By JD Alois  |  

Wise (LSE:WISE), a leading UK-based Fintech, published annual results this week, showing a 23% increase in cross-border volume to £145.2 billion, driven by customer growth and greater adoption of the Wise account. Wise started as a platform for transferring money globally, aiming to be a… Read More

May 14, 2025 @ 5:03 pm By JD Alois  |  

Klarna co-founder and CEO Sebastian Siemiatkowski visited with CNBC on a day when one Fintech successfully listed shares, eToro, and another, Chime filed a registration statement with the Securities and Exchange Commission. Klarna is a Fintech that may be best known for its credit and… Read More

May 14, 2025 @ 10:43 am By JD Alois  |  

Fintech investment platform Chime has filed an S-1 indicating its intent to launch an initial public offering (IPO). Chime is seeking to trade shares on the Nasdaq under the ticker symbol CHYM. Chime reports approximately 8.6 million users and 82% active member growth since the… Read More

April 16, 2025 @ 8:00 am By Omar Faridi  |  

bunq, which claims to be among some of the largest neobanks in Europe, is moving forward with its US banking license process, according to an update shared with CI. The company has filed for a broker-dealer license as “part of a two-phase strategy to enter… Read More

March 24, 2025 @ 1:58 pm By Omar Faridi  |  

Consumer financial technology company Chime announced the launch of Instant Loans—a product that provides instant access to up to $500 in funds with a fixed interest rate that is “lower than what’s typically observed in the industry.” Like all of Chime’s services, Instant Loans is… Read More

March 10, 2025 @ 10:40 pm By Tony Zerucha  |  

A new report from Strata Decision Technology finds financial institutions nationwide are preparing to navigate significant economic uncertainties and mounting competition from non-traditional, digitally based competitors and industry consolidation throughout 2025. The 2025 CFO Outlook for Financial Institutions report combines industry analysts’ projections with Strata’s independent research. The… Read More

March 9, 2025 @ 6:42 pm By Omar Faridi  |  

Nequi —the digital bank business line of Bancolombia S.A.—introduces its new integration with Payoneer Global Inc. (NASDAQ: PAYO), the financial technology company empowering small and medium-sized businesses “to transact, do business, and grow globally.” With this integration, millions of Nequi users will have the service… Read More

February 7, 2025 @ 6:05 am By Omar Faridi  |  

Digital-only financial providers (such as neobanking platforms like Monzo, Starling Bank and Revolut as well as fintechs like Klarna), expanded their overall reach from 16% of adults back in 2018 to a significant 50% in 2024 according to research from RFI Global, the data and… Read More

January 31, 2025 @ 10:30 am By Omar Faridi  |  

CI recently caught up with Jamie Dominguez of Q2 Holdings to discuss how banks are re-imagining banking as competition from digital banks increases. As background, Q2 (NYSE: QTWO) is a provider of digital transformation solutions for financial services, serving banks, credit unions, alternative finance companies,… Read More

January 28, 2025 @ 2:53 pm By Omar Faridi  |  

SoFi Technologies, Inc. (NASDAQ: SOFI), a “one-stop” shop for digital financial services that helps members borrow, save, spend, invest and protect their money, reported financial results for its fourth quarter and fiscal year ended Dec 31, 2024. Anthony Noto, CEO of SoFi Technologies, Inc. said:… Read More