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Revolut to launch operations in Mexico with new banking licence

Banking Licence Approval:UK challenger Revolut has received a banking license from Mexico’s National Banking and Securities Commission (CNBV) to operate a neobanking...

Salt Bank makes digital debut in Romania powered by Starling Bank’s BaaS

Salt Bank Launch:Recently launched in Romania as the country's newest digital challenger. Operates as a subsidiary of Banca Transilvania Financial Group, based...

Redwood Bank names David Kennedy as new chief operating officer

Redwood Bank, a UK-based business bank for SMEs, has appointed David Kennedy as its new Chief Operating Officer (COO). Kennedy brings a wealth...

Mobile banking app for kids and teens, Cashee, to launch in Saudi Arabia

Cashee, a mobile banking app designed for kids and teens, is set to launch in the Kingdom of Saudi Arabia (KSA). Founded in...

Starling Bank names Ovo chief Raman Bhatia as new group CEO

Starling Bank has appointed Raman Bhatia as its new group chief executive officer (CEO), replacing interim CEO John Mountain. Bhatia currently serves as...

US neobank Oxygen switches focus from banking to health insurance in new strategy

Oxygen Temporarily Suspends Banking Services:Service Suspension and Account Closure:San Francisco-based digital banking platform Oxygen has "temporarily suspended" its banking services. The company...

US neobank Dave achieves profitability over Q4 2023

Dave Neobank Achieves First Quarterly Profit:Profitability Milestone:Los Angeles-based neobank Dave has achieved its first quarterly profit in Q4 2023, almost eight years...

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