Tag: challenger bank
Mexican banking heavyweight Banorte taps SAP Fioneer to launch digital bank Bineo
Grupo Financiero Banorte (GFNorte) has partnered with German banking technology provider SAP Fioneer to launch its digital banking platform called Bineo in Mexico.
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Dutch challenger Bunq prepares for UK relaunch as it reports first full year of profitability
Business Move: Bunq, the Dutch digital challenger, applies for an Electronic Money Institution (EMI) license in the UK.
Financial Success: Reported a net...
Swiss crypto neobank Sygnum lands $40m growth investment
Swiss crypto neobank Sygnum raises $40 million in a strategic growth round at a $900 million valuation.
Led by Azimut Holding, the round...
Société Générale reportedly seeks new buyer for neobank Shine
Shine Sale Consideration:Société Générale is reportedly considering selling Shine, the neobank for freelancers and small businesses.
The French banking giant is actively...
Aeon Bank given the go-ahead to commence digital banking operations in Malaysia
Aeon Bank Approval:Aeon Bank, based in Kuala Lumpur and formerly known as ACS Digital Berhad (ADB), has received approval from Malaysia's central...
Singapore’s GXS Bank reportedly receives $109m investment from parent company Grab
GXS Bank Funding:Singapore-based digital banking challenger GXS Bank has reportedly received an additional $109 million investment from its parent company, Grab Holdings.
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