Browsing: new banks
Salmon raises $100 million in equity and debt to bring digital credit to unbanked Filipinos
The Philippines has millions without a bank account adults, and the consumer loan market is starting to catch up. Salmon, a Manila-based consumer finance app, just…
British neobank Revolut appears to be eyeing a significant valuation boost when it finally goes public. The company aims for a market capitalization of between $150…
Starting in war-torn Sudan, YC-backed Elevate now provides fintech to freelancers worldwide
In early 2022, fintech startup Bloom – not to be confused with Gen Z investment app or large-cap revenue funding platform – was accepted into Y…
Over the years, fintech startups, especially neobanks, have thrown a cat among the pigeons in the banking and finance sector, creating whole new stacks of banking…
Fintech Mercury, whose B2B business is under regulatory scrutiny, expands into consumer banking
Business banking startup Mercury, founded in 2017, is now launching a consumer banking product. Mercury currently serves more than 100,000 businesses, many of which are startups,…
It was alone just over a year ago that McKinsey described Africa’s fintech landscape as a “hotbed for investment”. Fast forward to today, and startups on…