PYMNTS
APRIL 28, 2020
These shifts have made digital banking and debit transactions more important than ever. The Next-Gen Debit Tracker® explores how the COVID-19 outbreak is impacting commerce and banking, as well as accelerating uptake of digital services and payment tools. Pandemic Puts Digital Banking in the Spotlight.
PYMNTS
JUNE 13, 2019
Digital bank Monzo, based in the United Kingdom, is crossing the pond. The company said it will be signing up consumers for its cards through the next few weeks at events slated to be held in cities including Los Angeles, New York and San Francisco. s FinTech-friendly regulatory environment.”.
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PYMNTS
AUGUST 15, 2019
banking market through a partnership with Ohio-based Sutton Bank. It has already signed consumers up for its cards in cities including Los Angeles, New York and San Francisco and there is currently a waiting list. s FinTech-friendly regulatory environment.”. In June, Monzo started its move into the U.S.
Gonzobanker
DECEMBER 8, 2021
Hot embers continue to glow in the fintech market that GonzoBanker mothership Cornerstone Advisors serves. According to CB Insights, US fintechs raised $14.6B Some perspective on how fast this fintech market is moving: Fintech Labs tracks 269 $1B+ valued fintech unicorns that have been founded in just the past two decades.
PYMNTS
NOVEMBER 21, 2019
A digital bank that raised $110 million from investors — including celebrities Leonardo DiCaprio and Orlando Bloom — is suddenly struggling to find additional funding, CNBC reported on Thursday (Nov. This is a company that would’ve gotten funded a year ago,” said a FinTech CEO told CNBC, requesting anonymity.
PYMNTS
JANUARY 26, 2020
British banking unicorn Monzo is in talks with Japanese investment conglomerate SoftBank for financial assistance in its growth plans into the U.S. The digital bank is looking to raise around £100 million (nearly $ 130.6 The London-headquartered bank raised £113 million in June from the U.S. million USD) in new funding.
PYMNTS
JUNE 18, 2019
Movement to foster collaboration between FinTech firms and traditional financial firms continues to gather steam across the globe, aided by government encouragement and initiatives. FinTech Alliance debuted this week, with a roster that tops 500 members. digital bank, has set up shop in the U.S. In an example of U.K.
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