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UK Neobank Monzo Marks First Profitable Year
PYMNTS.com· 20 hours agoBritish neobank Monzo is planning further expansion as it marks its first profitable year. The company’s annual report, released Monday (June 3), showed...
Neobank Bunq Looks to Court UK’s Digital Nomads
PYMNTS.com· 16 hours agoDutch neobank Bunq is reportedly aiming to return to the U.K. Founder and CEO Ali Nikham told CNBC in a report published Monday (June 3) that the company...
UK neobank Monzo reports first full (pre-tax) profit, prepares for EU expansion with Dublin hub
TechCrunch· 21 hours agoMonzo has announced its 2024 financial results, revealing its first full-year pre-tax profit. The...
bunq partners with NVIDIA to fight financial fraud with GenAI
Retail Banker International via Yahoo Finance· 20 hours agoEuropean neobank bunq has turned to generative AI to help detect fraud and money laundering....
Monzo passes $1B in revenue
Axios· 14 hours agoMonzo's revenue grew 147% for its fiscal year 2023 to over $1.1 billion, the British neobank revealed Monday. Why it matters: The news puts the company —...
Salt Bank launched by GFT and Engine by Starling
Electronic Payments via Yahoo Finance· 7 days agoSalt Bank has launched less than a year after the project was kicked off. Salt Bank is the first neobank using Engine by Starling's core banking system...
More neobanks are becoming mobile networks — and Nubank wants a piece of the action | TechCrunch
TechCrunch· 7 days agoNubank is taking its first tentative steps into the mobile network realm, as the NYSE-traded...
Coinbase Gives $25 Million to Massive Crypto Campaign War Chest
PYMNTS.com· 15 hours agoThe cryptocurrency sector has reportedly stockpiled a massive amount of funds for this year’s...
Spotify Raises Prices for Second Time in 12 Months
PYMNTS.com· 16 hours agoSpotify is raising the prices of its premium plans in the United States, saying it aims to invest in its product features. Beginning immediately for new...
Tipflation Sparks Consumer Ire on Social Media and at the Point of Sale
PYMNTS.com· 17 hours agoMedia outlets have been detailing rising debate on tipping — how to do it, why to do it, or not —...