Neobanks stories

AI fintech Cleo stages UK comeback with a waitlisted app, betting its chatty budgeting assistant can ease mounting money anxiety.

Upvest links with Boerse Stuttgart to add securitised derivatives trading to its Investment API for banks and fintechs across Europe.

Mastercard launches BIN Sponsor Plus in the UK, accrediting card sponsors to give fintechs a vetted route into issuing and payments at scale.

Lenders clinging to legacy payment rails are losing borrowers to fintechs that can approve, fund and collect on loans in near real time.

Fingular taps Kilde for SGD $10m credit line to fund Southeast Asia expansion, ramping up Malaysia consumer lending under Tambadana.

Zepz has bought fintech Pomelo to bolt credit cards and lending onto its remittance brands, deepening its push into cross-border finance.

DXC to plug Euronet and Ripple into Hogan core system, adding issuing and payments tools for banks chasing faster digital rollouts.

DXC weaves Ripple and Euronet tech into its Hogan core platform, adding digital asset custody and blockchain payments for banks.

AI compliance firm ThetaRay names ex-Symphony chief Brad Levy as CEO, tasking him with scaling its Cognitive AI platform globally.

Most UK adults aged 28-40 would trust AI to manage spare cash and bills, a survey finds, despite low confidence in their own finances.

Fourthline wins Celent Luminary status plus top tech awards for its AI-driven KYC identity verification platform used by leading fintechs.

Global fintech funding jumped 21% to USD $53 billion in 2025, as the UK secured second place worldwide with USD $3.6 billion.

Banks are turning apps and accounts into ad space, with SAS tipping media networks to lift non-interest income by up to 30% within two years.

Marqeta has hired veteran payments executive Patti Kangwankij as CFO, completing a leadership reshuffle under chief executive Mike Milotich.

Aventur lands Dutch family office funding for its AI-led money platform, eyeing a 2026 UK launch to narrow the financial advice gap.

EU banks face a 2026 crunch as new AML rules spark a shake-up in KYC vendors, testing compliance strategies amid rising fraud risks.

Consumers worldwide demand flexible, digital credit cards, pushing traditional banks to modernise or risk losing ground to agile fintech rivals.

In 2026, traditional banks will face fierce competition from neobanks, rising fraud risks, and new ISO 20022 rules, forcing urgent modernisation or loss of customers.

Backbase forecasts a USD $1 trillion transformation in banking by 2025, urging traditional banks to innovate or face a 30% market share loss to digital rivals.