Eurobank’s €1bn push into the future of banking
Hey Digital Banking Fanatic!
Eurobank is putting €1bn into the future of banking.
The Greek banking group is investing around €1bn until 2028 in its biggest technology programme ever, with AI, cloud, and digital banking at the centre of the plan.
And it’s already a pretty digital bank. 96% of transactions are now carried out digitally, with 61% of those happening through the Eurobank mobile app.
Now it wants to take things further, using AI to personalise services, simplify customer interactions, and even help with mortgage assessments.
The bank is also looking to make its digital services more seamless, while using technology to give employees better tools to serve customers.
But it’s not planning to go fully digital.
The bank is aiming for a mix of digital services and human interaction, creating what it calls a “phygital” banking model.
€1bn is a serious bet on how banking will work in the years ahead.
See you tomorrow!
Cheers,
HOW DIGITAL BANKING PERFORMED LAST WEEK
📈 How did Digital Banks' stocks perform last week? Let's find out:
NEWS
🌎 dLocal powers Nubank's expansion into new emerging markets, connecting global wallets to local payment rails. The partnership ensures money moves the way local users already expect in each market.
🇸🇪 Klarna launches a new global brand campaign across film, radio, outdoor, digital and social in the US, UK, Germany, Italy and Sweden. The campaign positions Klarna as one app that handles money admin so users can think about anything else.
🌍 A quarter of malicious breaches now involve AI in the attack chain, a 56% YoY increase per IBM's 2026 report, with Tuum highlighting the findings for the banking technology sector. Companies using AI in security operations cut breach costs by close to $2 million, yet one in four still lack those tools.
🇬🇷 Eurobank outlines a €1 billion investment in digital banking, the largest technology programme in the group's history. The initiative covers AI, cloud, and a "phygital" model, with 96% of transactions already carried out digitally.
🇦🇷 Inter begins operating in Argentina, offering residents dollar accounts, peso transactions, and access to US stocks, ETFs, and Treasuries. The Brazilian bank partnered with Grupo BIND to target Argentines seeking dollar diversification.
🇨🇭 Nu partners with Sygnum to launch Nu Global, a multi-currency account using USDC and EURC as underlying digital dollars and euros. The product combines yield, global transfers, and crypto access inside a single app for cross-border users.
🇺🇸 Nubank begins U.S. operations through Lead Bank, launching a no-fee Mastercard and Nu Global multicurrency account while its OCC license application remains pending. The fintech is targeting up to 150 million unbanked or underbanked customers, starting with the Hispanic community.
🇦🇩 Revolut prepares to launch in Andorra, telling residents it is adapting its service for the principality. No launch date or details on available features have been confirmed yet.
🇮🇳 Revolut weighs India as a potential market for a full banking licence, according to the company's India CEO. The move would mark a significant expansion into one of the world's largest and fastest-growing digital banking markets.
🇿🇦 Sanlam launching its own bank, built by billionaire Patrice Motsepe's GoTyme. The South African financial services giant is entering digital banking with infrastructure developed by the GoTyme group, which already operates in the Philippines.
🇪🇺 Crypto exchange Bybit plans to launch a European super app combining bank accounts with stock and crypto trading. The Dubai-based firm holds an electronic money institution licence and a MiCA licence in Austria to power the rollout.
🇮🇹 UniCredit eyes a digital asset push with custody and brokerage technology. The bank is exploring infrastructure to offer clients direct access to digital asset services, including custody and trading.
🇺🇸 Chime adds NFL quarterback Jaxson Dart to its growing roster of sports partners in a multi-year deal spanning national advertising, content, and financial education. Dart previously joined Chime's Compound Combine series, and the partnership builds on that financial education foundation alongside existing deals with MLS and the WNBA's Portland Fire.
🇬🇧 NatWest appoints former IKEA omnichannel chief Harsh Agarwal to lead customer experience at the bank. Agarwal joins from IKEA, where he led the retailer's global shift to integrated online and in-store shopping. Keep reading
🇬🇧 Afin Bank appoints Simon McClean as Head of Treasury and Regulatory Reporting to strengthen its finance function. McClean brings experience in treasury management and financial reporting to the newly established role. Read more
Trusted reach among senior decision-makers in FinTech, Payments & Banking.
👉 Explore Partnership here
