SMB-focused Judo Bank lands AUD $124M: At its fifth equity round, the Australian neobank hit a AUD $1.9 billion ($1.31 billion) valuation—much-needed capital for competing with established banks in the small and medium-sized business (SMB) space.

Raisin hits sweet US milestone: Germany-based Raisin has made MapleMark Bank its first US banking partner as it aims to overhaul the market for certificates of deposits—the fintech’s product could help banks add customers and funding sources.

Revolut hits a peak of 15.5 million retail customers: The neobank’s accounts and revenue swelled even as its losses mounted—and its financials suggest it can still grow paid revenue and attract more non-UK customers.

Over the past year, US banks built up a consumer trust advantage over competitors such as neobanks and tech companies, according to our second annual “Banking Digital Trust Report.” from Insider Intelligence. The largest US banks have come to customers’ aid in a time of crisis, and customers have rewarded that flexibility with greater trust in their primary financial institutions.

Amazon accelerates healthcare innovation: Amazon Web Services and KidsX launched an accelerator for digital health startups—here’s how it hints at Amazon’s eye for the pediatrics digital health market.