Tag: digital banking growth

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Fintech Bank Lead Raises $70M in Series B Funding to Accelerate Growth

The digital-first lender secures $70 million in Series B funding to expand product offerings, strengthen technology, and drive financial inclusion. Highlights: $70M Series B raised...

UK Banks Shut Down One-Third of Branches in Five Years

Exploring the Impacts of Digital Banking on Traditional Bank BranchesHighlights: UK banks have closed approximately one-third of their branches over the past five years.The...

UK’s High Street Banks Face Falling Profits Amidst Rising Online Competition

Exploring the Shift in Banking Dynamics as Digital Rivals SurgeHighlights: UK high street banks report a decline in profits.Online banking rivals are gaining significant...

Monzo Surpasses £1 Billion Revenue Milestone: A New Era for Digital Banking

Exploring Monzo's impressive growth and its impact on the future of financial technology.Highlights: Monzo has achieved a significant revenue milestone of over £1 billion.The...

Mexican Digital Bank Plata Secures $160 Million in Funding

A Major Boost for Fintech in Mexico, Empowering Digital Banking ServicesHighlights: Plata, a digital banking startup in Mexico, has raised $160 million in Series...