Green Dot teams up with Finicity on outside app access: Green Dot will let its neobank’s customers access third-party apps via the Mastercard unit Finicity’s API system. This collaboration could be a forerunner to similar arrangements with Walmart or another of Green Dot’s partners.
Neobanks’ account base will more than double by 2026: A study from ABI Research projects that global accounts from a sample of top neobanks will skyrocket—but the next metric may shift from account volume to whether challengers can become their users’ primary banks.
Happify Health launched the first-ever prescription digital therapy for anxiety and depression, giving it a competitive edge over its peers—but if DTx companies want doctors to prescribe their apps, they’ll need insurers on their side.
Investment fintech Titan raises $58M and although it faces tough competition from other fast-growing fintech players in the space, Titan’s differentiated active strategies and focus on a younger demographic portends further strong growth.
The neobank is seeking to cash in on a rebound in overseas travel with a booking product that includes 10% cashback—the launch will also let the company promote existing travel offerings and drive engagement with its app.
Yapily bags $51M to power European expansion: The open-banking provider aims to play in more European markets after closing a Series B round—its geographic growth could position it as the de facto technical standard for an area that lacks an official one.
U.S. Bank reopening of damaged branches hastens hybrid switch: The bank has been revamping Minneapolis branches damaged during last year’s civil unrest to offer self-service for transactional services and personal attention for complex ones. The redesign is consistent with US consumer preferences amid the digital-banking shift.