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Last week:
Funding
Parker emerges from stealth; announces previous funding rounds
Neobanks
Mar 16
Funding
Management news
Atom Bank chairman to step down; talks to raise further GBP 100 million as it eyes listing in 2024
Neobanks
Mar 16
Earnings/results
MoneyLion reports Q4 earnings; achieves the adjusted revenue expected
Neobanks
Mar 14
Mercury to offer FDIC insurance up to USD 3 million through its new product, Vault
Neobanks
Mar 13
Partnerships
HMBradley announces partnership with Thought Machine for its core banking infrastructure
Neobanks
Mar 8
Funding
Fynn raises USD 36 million in seed and debt funding
Neobanks
Mar 7
Funding
Abound raises GBP 500 million in equity and debt funding
Neobanks
Mar 6
Earnings/results
Dave reports Q4 2022 earnings; losses widen owing to higher loan provisions
Neobanks
Mar 6
Product updates
Nubank launches loyalty program backed by its native cryptocurrency
Neobanks
Mar 4
Product updates
Step launches stock investing platform; surpasses more than four million customers
Neobanks
Mar 1
Earnings/results
Revolut publishes its 2021 annual report; records first annual year of profitability
Neobanks
Mar 1
Funding
Varo Bank seeks to raise USD 50 million at a lower valuation
Neobanks
Feb 26
Funding
Guava raises USD 650,000 in an extension to its pre-seed funding
Neobanks
Feb 24
Earnings/results
Bunq turns profitable for the first time; generates pre-tax profit of EUR 2.3 million in Q4 2022
Neobanks
Feb 21
Product updates
Revolut to begin offering credit cards in Ireland
Neobanks
Feb 20
Partnerships
Indó partners with Lucinity for anti money-laundering compliance
Neobanks
Feb 20
M&A
Zopa completes its first acquisition after purchasing DivideBuy
Neobanks
Feb 16
Funding
Comun raises USD 5.4 million in seed funding
Neobanks
Feb 14
Earnings/results
Nubank reports strong top-line growth as it add more than four million customers in Q4 2022
Neobanks
Feb 14
Funding
Lunar raises USD 38 million in funding
Neobanks
Feb 9
M&A
Zopa aims to acquire certain assets of DivideBuy
Neobanks
Feb 9
Funding
Merchant Money raises GBP 115 million in a funding round
Neobanks
Feb 8
Earnings/results
Oxbury Bank breaks even within two years of launch
Neobanks
Feb 7
Funding
Zopa raises GBP 75 million in an all-equity investment round
Neobanks
Feb 2
Funding
Oxygen raises USD 20 million in a Series B funding round; appoints David Rafalovsky as CEO
Neobanks
Feb 2
Geographic expansion
JP Morgan seeks to expand digital banking unit to Germany by 2025
Neobanks
Feb 1
Management news
BM Technologies announces profit enhancement plan
Neobanks
Jan 30
Partnerships
Grasshopper Bank partners with MANTL to improve digital deposit platform and develop an automated online loan origination solution
Neobanks
Jan 26
Product updates
Revolut to launch “Ultra” premium subscription plan
Neobanks
Jan 23
Partnerships
Greenpenny selects Jack Henry’s suite of banking solutions to automate and improve efficiencies
Neobanks
Jan 23
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