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Digital bank Zopa raises $95M

BankInovation

London-based Zopa Bank has $95 million in Tier 2 capital to fund its growth, according to the company. The digital bank provides technology for its customers to gain access to better credit products, to transfer card balances in a way that helps pay down credit and improve their financial well-being.

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Coast Capital On Weathering The Pandemic And Planning For The Future

PYMNTS

Many CUs struggled to achieve such quick pivots, but those that had already invested in the necessary technologies and security infrastructures were able to make the shift. The CU tapped its security and technology divisions to receive the guidance and equipment to make this a reality. “We Digital Banking's Rise In The CU Space.

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Digital Banking Service One Combines Accounts

PYMNTS

One , a new digital banking service in the U.S., The company also announced a Series A funding round that raised $17 million from Foundation Capital, Obvious Ventures and Core Innovation Capital. is launching with a focus on helping middle class Americans with their finances in a new way, according to a release.

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Capital Bank selects Codebase Technologies to launch digital bank

The Paypers

Capital Bank has selected Codebase Technologies to launch its fully digital bank in Jordan and Iraq.

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FinTech Cloud Technology Fuels Banking Innovation

PYMNTS

As cloud technologies emerge to help financial institutions (FIs) drive digital innovation, Finastra has introduced its Fusion Payments To Go offering for small and medium-sized banks. In addition, Monese adopted Thought Machine’s cloud banking platform. RootAnt Finishes Seed Round With $1.46M.

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Capital One To Focus On Digital, Close 37 Locations

PYMNTS

Capital One is going to increase its focus on digitization and close 37 branches around the U.S., Our customers are increasingly engaging with us digitally,” said Capital One spokesman Derek Conrad. Banks like Bank of America, JPMorgan, Zions Bancorp and Huntington Bancshares have all been spending on technology upgrades.

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BBVA Teams With Google Pay To Offer Digital Bank Accounts

PYMNTS

BBVA USA is collaborating with Google to offer consumers a digital bank account through Google Pay. The Alabama-based bank holding company said the partnership is key to its strategy? of growing the bank throughout the U.S. BBVA is one of six U.S.

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