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Digital Bank Startup Branch Offers Mobile Payments

PYMNTS

Branch , the digital bank startup, is branching out. Consumers deserve fast and flexible mobile banking services that adapt to their needs,” said Branch CEO Atif Siddiqi in a statement.

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Digital Bank Monzo Jumps Into Lending In The UK

PYMNTS

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. is a different market with its own challenges, according to some observers. In the U.S.

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UK Digital Bank Monzo Crosses Pond To US

PYMNTS

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. Reuters reports that the company has reached U.S. And yet the U.S.

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Chime, Challenger Banks And The Challenges Of (Lofty) Valuations

PYMNTS

On a day that saw a stock market rout – particularly on the tech-heavy NASDAQ, which was down a percent – in at least some areas of finance, investors remain sanguine. Perhaps “overly optimistic” might be the mindset that marks private markets. Regional players like BankUnited have even smaller market caps (at about $2 billion).

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The Newest Neobank is for the 62+ Crowd

Gonzobanker

The launch of Charlie points to an underserved niche in banking: older adults. In mid-May, a digital bank account for the 62+ crowd debuted in the United States. For neobanks, funding is plummeting and the path to profitability is about as formidable as crossing the 101 Highway in Los Angeles by foot.

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Chime, Challenger Banks And The Challenges Of (Lofty) Valuations

PYMNTS

On a day that saw a stock market rout – particularly on the tech-heavy NASDAQ, which was down a percent – in at least some areas of finance, investors remain sanguine. Perhaps “overly optimistic” might be the mindset that marks private markets. Regional players like BankUnited have even smaller market caps (at about $2 billion).

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Fintech Deals to Watch: Growing in the Digital World

Gonzobanker

Hot embers continue to glow in the fintech market that GonzoBanker mothership Cornerstone Advisors serves. 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. According to CB Insights, US fintechs raised $14.6B

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