Its transaction-based revenues fell sharply in Q3 due to a 78% drop in crypto trading, highlighting its oversized reliance on the sector.
Zolve nabs $40M to cultivate loyal users: The brand new neobank’s credit card and savings account could build a base by offering banking services to immigrants moving to the country.
Who’s winning the sprint to become a financial services super app: At Money20/20 USA, Insider Intelligence gave financial services executives an advance look at our upcoming matrix compiling some of the industry’s most comprehensive data about global financial services super apps.
Nubank rushes to the forefront with IPO plans: Its interest in becoming a public company follows a banner year, and might serve as a blueprint ahead of peers with similar ambitions.
At Money20/20 USA, a community bank’s executive VP and two fintech founders shared lessons learned from a successful infrastructure modernization initiative.
We tease the most in-demand emerging mobile banking features neobanks can offer to can offer to monetize users from our UK Neobank Emerging Features Benchmark 2021 report.
Pennyworth aims to tap niche demographic with full app launch: The UK neobank’s app offers personalized financial planning and has a forthcoming savings account—all aimed at the “aspiring affluent”
Bunq’s multi-currency offering simplifies pan-European banking: Letting users send, receive, and store money in six currencies and adding local IBAN support makes travel banking feel local.
Insider Intelligence analysts Adriana Nunez and Tyler Van Dyke recap a session at this year's "Money 20/20" event.
The corporate credit card fintech raised $300M just 6 months after its last mega-round, enabling it to continue building out its product suite.
Digital assets wend through the regulatory maze: At Money20/20 USA, two big bank veterans turned Metallicus execs discussed why integrating digital assets into the banking system is still perplexing.
The bank’s plans to overhaul its mobile app and AI assistant could help it gain customers and offer an improved user experience.
Goldman bristles at UK deposit cap so it can grow Marcus: The titan wants a review panel to raise the max deposit amount it can use to fund investment banking—which at current levels could be holding the service back.