Banking
Monzo secures additional $190m funding from new and existing investors
Funding Round Details:Monzo, the UK-based digital challenger bank, has secured an additional $190 million in its latest round of funding.
The funding...
Banking
Ecology Building Society set for 2025 core banking overhaul with Monument Technology
Partnership Overview:UK-based mutual Ecology Building Society has partnered with Monument Technology, a technology division of domestic challenger bank Monument, for a significant...
Banking
Digital challenger GoTyme Bank acquires salary lender fintech SAVii
Acquisition Announcement: GoTyme Bank, a Filipino digital challenger, has acquired Manila-based lendtech SAVii to enhance its expansion into payroll-enabled financial products.
SAVii Overview:...
Banking
Allica Bank reports first full year of profitability after revenues double
Allica Bank's Financial Performance:Allica Bank, a UK challenger bank lending to SMEs since 2020, reported its first full year of profitability.
Revenues...
Banking
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...
Banking
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...
Banking
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...
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