The firm has helped members save upwards of $7 billion to date through retirement savings, investing, and rainy day fund planning.
In episode two of PitchIt: the fintech startups podcast we talk with Daylight Co-Founder and Chief of Staff Billie Simmons....
The neobank space has really heated up the last couple of years. The leaders are getting great traction with millions...
SBI Group, owner of SoftBank is investing into the mobile-first bank; SBI Group will also get a seat on Moven's board and the companies plan to form a joint venture in Japan; Moven is also splitting its business in two; one side is the software provider that powers digital banking software and the other is the neobank, MovenBank; Moven also announced that it is in the process of purchasing a US bank. Source
More than a year after it would expand to Latam, British neobank Revolut has officially launched in Brazil with its global account product.
'There are going to be a lot of M&As in the market. There's going to be a lot of innovation and focus on unit economics'
The company has tripled its revenue and added new products like the Varo Advance personal credit advance announced in October last year.
The product lets users get small amounts of credit, starting from a feeless $20.
Volt, a challenger bank in Australia has raised $70 million in a Series C round; they have now raised $100...
Digital banks in Brazil are finally making inroads into one of the most competitive and highly profitable credit markets in the world.
An article in Forbes earlier this month about the traction of digital banks caught my attention. A survey of U.S....