Posts From Fintech News America

An Overview of South America’s Booming Neobanking Sector

South America has seen an exceptionally dynamic evolution of its neobanking landscape, with now more than 30 live neobanks and digital banks that serve over 50 million customers out of the region’s 430 million+ population (+11%), data from Dutch fintech

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COVID-19 Brings Fintech into the Mainstream: McKinsey Research

The COVID-19 pandemic has shifted US consumers’ attitudes towards banking and financial services, accelerating the adoption of digital financial services and bringing fintech into the mainstream, surveys McKinsey conducted found. In an article titled How US customers’ attitudes to fintech

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What 2021 Holds for Fintechs and Challenger Banks in Mexico

In 2021 we will harvest the seeds of the accelerated adoption and development in technology that 2020 forced upon us. The fintech industry took a leap forward with the user base growing significantly. This will lead to more demands for

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Top 20 Neobanks of 2020

Fintech intelligence startup WhiteSight has released its selection of 2020’s top 20 neobanks based on growth and valuation. The list features 20 independent digital banking companies from Europe as well as North and South America which made notable strides last

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Study: Call for International Cooperation in Fight Against Crypto-Related Crime

The global nature of the blockchain ecosystem is adding a layer of complexity in the fight against crypto-related crimes. Against this backdrop, the US Department of Justice (DOJ) is calling for international, federal, state and public-private cooperation to improve the

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Digital Banking Champions Lead in UX, Functionalities and Ecosystem Building

So-called digital banking champions are delivering the best UX in account opening, transfers and buying a credit product. They are also leading their peers in products and personal finance management, as well as in expanding their digital functionalities to provide

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iCapital Network Builds Momentum With Europe and Asia Expansion

New York-based iCapital Network, a fintech startup with a platform for investing in alternative assets, announced a series of milestones in its expansion journey into European and Asian markets. With the appointment of two industry insiders as senior executives to

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Sonect Launches in the UK and Builds Cross-Continental Network in Latin America

Zurich-based Sonect has entered into a partnership agreement with Lana, a personal finance platform aiming to provide transactional accounts and financial services to gig economy workers throughout Latin America. The Sonect app allows customers to withdraw cash directly in the

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PayPal Dips Its Toes in the Crypto Market…. in 2021

PayPal announced the launch of a new service enabling its customers to buy, hold and sell cryptocurrency directly from their PayPal account. The company is introducing the ability to buy, hold and sell select cryptocurrencies, initially featuring Bitcoin, Ethereum, Bitcoin

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Digital Banking Solution Meniga Announces US Expansion

Meniga, provider of AI-powered digital banking solutions, announced that it has expanded its business to the US, with a dedicated team appointed to drive sales operations. The new US team – operating remotely before opening planned premises in New York

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