Saturday, April 1, 2023

Building a digital bank — from scratch

Varo Money CEO and Cofounder Colin Walsh, says that the future of banking, for millennials in particular, lies not in branches but in bots who become money coaches. Read more:

Santander doubles the size of London FinTech venture fund

Banking major Santander has doubled the size of its fintech venture capital fund Santander InnoVentures with a $100m injection of fresh capital.

Lunar Way nabs €4.2m for mobile banking app

Danish banking app Lunar Way is aiming to build a banking experience for the “Snapchat generation”. The startup offers a mobile banking app. Read more:

Yellow Brick Road revamps wealth management with Rubik

Australia-based banking tech provider Rubik has signed wealth management company Yellow Brick Road (YBR) for its scaled advice solution, Provisio. Read more:

Monzo Announces 2016 Highlights (Infographic)

Following an exciting year, which involved an epic Crowdcube campaign and name change, digital bank Monzo shared more details about 2016’s successes. Read more:

PSBC to roll out online consumer banking services

The bank says it will deepen its cooperation with Ant Financial and Shenzhen Tencent in internet and mobile finance. Read More:

Wealth managers are too complacent with FinTech

Most understand the threat to profit margins but few use fintech to their advantage. Read more:

Pensionera picks up €1.2m for robot retirement planning

Swedish retirement robo-advisor Pensionera has raised €1.2m after winning Optimizer Invest’s startup competition. The deal values the company at €8m. Read more:

Starling to launch Pay by Bank app

Pay by Bank app has announced a partnership with Starling Bank that will launch its market leading mobile payments service to Starling Bank's customers. Read more:

Financial services firms must become tech firms, says Octopus

A "nirvana moment" at Octopus Group has seen it become the latest established firm to launch an in-house tech incubator to keep pace with disruption in the industry. Read more: