Finance News – Digital Bank
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Tide turns as TPG leads talks to lead digital bank fundraising
TPG is negotiating to invest in Tide, potentially providing substantial capital that could support the digital bank’s growth and enhance its financial stability in a competitive ma...
Read Full Article →Monzo fined £21m after customers used No 10 and Buckingham Palace as addresses
The substantial monetary penalty imposed on Monzo highlights regulatory concerns over inadequate verification processes amid rapid customer growth, emphasizing the importance of st...
Read Full Article →UK watchdog fines Monzo £21mn for ‘falling far short’ on financial crime
The UK regulator imposed a £21 million penalty on Monzo due to inadequate measures in preventing financial misconduct, highlighting the bank's acceptance of customers providing que...
Read Full Article →Metaplanet eyes digital bank acquisition in phase 2 of Bitcoin strategy
Metaplanet plans to utilize its increasing cryptocurrency reserves to purchase revenue-generating companies, including a potential digital banking institution in Japan, as part of...
Read Full Article →Metaplanet plans to leverage growing bitcoin treasury to acquire digital bank, cash-generating firms...
Metaplanet’s expanding cryptocurrency reserves provide substantial financial resources that could support strategic acquisitions of digital banking and revenue-generating companies...
Read Full Article →Zopa launches current account with cashback and 7.1% on savings
Zopa’s introduction of a new current account with attractive rewards and a high-yield savings option highlights its strategy to attract customers seeking competitive benefits and i...
Read Full Article →SoFi digital bank brings back crypto services after 2-year hiatus
SoFi’s renewed involvement in cryptocurrency activities reflects a strategic effort to capitalize on evolving regulatory conditions and potentially enhance its revenue streams thro...
Read Full Article →Zopa: Fintech bank takes on HSBC and Lloyds with current account
Zopa's introduction of a competitive current account with cashback and attractive interest rates aims to challenge established UK banks by providing customers with enhanced financi...
Read Full Article →Dubai launches first licensed tokenized real estate project in MENA region
This initiative enables fractional ownership of Dubai properties through digital tokens, potentially increasing market liquidity and broadening investment access within a rapidly e...
Read Full Article →Ripple launches cross-border blockchain payments in UAE
Ripple’s introduction of blockchain-based international payment solutions in the UAE aims to reduce transaction costs and settlement times, potentially enhancing efficiency in one...
Read Full Article →IPO-bound Chime hopes to boost growth by offering higher interest rates
Chime aims to enhance its market position and attract a larger customer base by increasing interest rates on deposit accounts ahead of its initial public offering.
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