Yesterday N26 announced that they were ceasing operations in the UK citing Brexit as the reason; 200,000 N26 customers are...
WhatsApp, Brazil Central Bank In Talks To Restore Payments Service Volcker Rule reforms expand options for raising VC funds CMG...
Varo Money CEO Colin Walsh : We Designed Varo to be Your Primary Bank Account Square acquires European peer-to-peer payment...
Forbes partnered with market research firm Statista to measure the best banks in more than 20 countries by surveying more...
N26 is launching soon in Brazil. We talk with CEO Eduardo Prota to find out how N26 will stand out in the competitive digital banking industry there
The partnership will allow users to buy and sell almost 200 cryptocurrencies but will not allow transfers between wallets.
Today we're joined by Brett King, founder and executive chairman of Moven, one of the world's original digital banks, and Lex Sokolin, global head of fintech at ConsenSys. Lex and I discussed Moven's recent announcement to shutter its B2C business on episode 170 of Rebank. And we're happy to have the opportunity to connect with Brett directly to discuss the decision in more detail.
German Digital bank N26 has raised $160mn to fund their U.S expansion plans; Tencent and Allianz were lead investors in the round and it could set the stage for a future IPO according to N26 co-founder and CEO Valentin Stalf; “It's a good round to be as independent as possible,” Stalf said to TechCrunch. “This funding round really brings N26 to a pre-IPO stage. I think we see a clear path to a very sustainable company with this funding round. Maybe in the next five years there will be an IPO.”; the bank currently has eight staff members in NY and customers have been signing up on the waiting list since October 2017. Source.
Investments into Latin American fintechs are expected to pick up in 2024 amid rate cuts in the United States.
European based digital bank N26 has raised a new series D round of $300mn at a valuation of $2.7bn; Insight...