The shift away from traditional banking models sparked by the 2008 financial crisis accelerated the rise of super apps. These mobile-based platforms have become increasingly popular, offering customers […]
Chime Aims for $11.2B Valuation in Upcoming IPO: Fintech Backed by Strong Financials
Digital banking startup Chime, known for its innovative approach to personal finance, is preparing for an initial public offering (IPO) on the New York Stock Exchange. The company’s […]
Banco Santander to Launch Digital Asset Services via Openbank
Banco Santander, Spain’s largest bank, plans to expand its digital asset services through its digital banking arm Openbank, following the EU MiCA framework for regulatory compliance. This move […]
Emirates NBD Embraces AI and Blockchain for Digital Banking Revolution
Emirates NBD, driven by its leadership team of Miguel Rio Tinto and Abdulla Qassem, has embarked on a comprehensive digital transformation strategy leveraging AI and blockchain technologies. Partnering […]
Singapore Gulf Bank Launches Clearing Network for Digital Asset Firms
Singapore Gulf Bank, a digital bank licensed by the Central Bank of Bahrain, has launched SGB Net, a real-time currency clearing network designed to support digital asset firms. […]
UAE’s Liv Bank Enters Crypto Market, Compete with Exchanges
Liv Bank, the first digital bank in the UAE, has announced its entry into the cryptocurrency market, challenging existing regulated exchanges within the nation. The initiative will see […]
Digital Banks Gain Popularity: 70% of Hong Kong Investors Prefer Trading Crypto Through Them
A new survey reveals a significant shift in how Hong Kong investors approach cryptocurrency. Nearly 70% of crypto traders now favor digital banks for trading, citing the convenience […]
SG Bank Launches Global Digital Banking Services
Singapore Gulf Bank (SGB) is expanding its global reach with the launch of new digital banking services. This strategic move aims to meet the growing demand for online […]
Revolut’s Valuation Soars Following Schroders Investment
Digital bank Revolut has received a significant financial boost with an investment from Schroders Capital Global Innovation Trust, which has substantially raised its valuation. This landmark deal marks […]