UK-based neobank Monzo has had quite the bittersweet year. The company’s full-year financial results for 2022 paint a picture of a business that’s growing rapidly, though at the cost of […]
neobank
Trending topics and news from the neobank category
Back to news homeSlash aims to corner the Gen Z market with business-focused banking features
Around two years ago, Victor Cardenas and Kevin Bai — college dropouts from Stanford University and the University of Waterloo, respectively — built a fintech platform called Slash that lets […]
Southeast Asian credit fintech Kredivo scores $270M Series D
The funding landscape in Southeast Asia is still wintery, but one fintech managed to land a major round. Kredivo Holdings, which offers credit services to underbanked consumers in Indonesia and […]
Singapore-based neobank Aspire raises $100M from Lightspeed and Sequoia SEA
Aspire, the Singapore-based neobank that wants to become the financial operating system for SMEs, has raised an oversubscribed $100 million Series C round. Investors included Lightspeed and Sequoia Capital SEA, […]
Zopa, the UK neobank, raises $93M more at a $1B+ valuation
After raising $300 million in a round led by SoftBank back in 2021, U.K. neobank Zopa has closed a deal to put more funding in its coffers. The company — […]
Here’s where YC’s latest batch of founders are placing fintech bets
Y Combinator’s latest cohort of founders have opinions on the future of fintech. One-fifth of the accelerator’s Summer 2022 batch, which spans 240 companies, is working on solving issues in […]
Looks like (some) neobanks will be OK after all
The fintech funding boom of the past several years saw huge amounts of capital flowing into so-called neobanks, digital financial companies offering banking services to markets general and niche. The overarching […]
X1’s income-based credit card is about to launch publicly
The credit card market has become increasingly crowded, with consumer fintech startups like locked in a fierce competition to differentiate their offerings through branding, rewards programs and even crypto compatibility. […]
Daily Crunch: Startup that transforms real-world items into NFTs raises $6.9M seed round
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. Hello and May the 3rd be with […]
Nu shares slump on Q4 results, a canary to still-private fintechs
Nu, parent to the well-known Latin American neobank Nubank, reported its fourth-quarter and 2021 financial performance yesterday evening to the apparent disappointment of investors. Since its flotation last year in […]