Finance News – Neobank
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SoFi taps Lightspark as it looks to use Bitcoin Lightning for an international money transfer servic...
SoFi's collaboration with Lightspark aims to leverage Bitcoin Lightning technology to enhance cross-border payment efficiency, potentially reducing transaction costs and expanding...
Read Full Article →Revolut to create 400 new jobs as Paris HQ leads hopes towards French banking licence
Revolut’s expansion in Paris includes a significant increase in staffing, reflecting its strategic efforts to strengthen operations and pursue regulatory approval within the French...
Read Full Article →Starling mulls US listing in blow to Rachel Reeves’ fintech push
Starling Bank’s consideration of a potential US stock market debut highlights shifting strategic priorities that could impact efforts to strengthen London’s position as a leading f...
Read Full Article →MoonPay lets users buy crypto with Revolut Pay
MoonPay's integration with Revolut Pay simplifies the process of converting funds from a digital banking service into cryptocurrencies, potentially increasing user accessibility an...
Read Full Article →Starling Bank sets sights on US expansion
Starling Bank’s move to enter the US market aims to enhance its revenue streams and offset recent profit declines by tapping into new customer bases and expanding its international...
Read Full Article →Neobank Revolut Actively Exploring Launching Its Own Stablecoin: Sources
Revolut is evaluating the potential introduction of a digital currency tied to stable assets, which could impact its financial operations and expand its presence within the cryptoc...
Read Full Article →Monzo: Fintech unicorn tops £1bn in revenue on road to landmark IPO
Monzo experienced substantial financial growth with a 48% revenue increase to £1.2 billion, achieving consecutive yearly profits and positioning itself for a potential public offer...
Read Full Article →Ether.fi Rolls Out Crypto Hotel Booking Service As It Takes Another Step Towards Neobank Status
Ether.fi's new Cash product has quickly accumulated $25 million in user deposits within a month, highlighting its growing influence in the financial sector and expanding service of...
Read Full Article →Goldman-backed Starling Bank reports 26% profit drop as it flags Covid loan fraud issue
Starling Bank, supported by Goldman Sachs, experienced a notable decrease in pre-tax earnings to £223.4 million, attributing part of the decline to issues related to Covid loan fra...
Read Full Article →UK fintech Starling’s profit tumbles as regulatory failings linger
Starling's annual pre-tax profit declined due to increased operating expenses and heightened competition in the fintech sector, reflecting challenges in maintaining profitability a...
Read Full Article →Neobank 2.0: One Account to Hold Crypto and Fiat Together
The integration of cryptocurrency and traditional currency within a single account offers users enhanced financial flexibility and could influence the future landscape of digital b...
Read Full Article →Revolut eyes French license and $1.1B expansion amid EU growth
Revolut’s planned investment in France and pursuit of local regulatory approval aim to strengthen its market presence, support workforce growth, and enhance service offerings withi...
Read Full Article →Y Combinator neobank Djamo raises $17M with 1M users across Francophone Africa
Djamo’s recent $17 million funding round highlights investor confidence in its digital banking services expanding financial access to more than one million users in French-speaking...
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