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Afin Bank Opens Mortgage Market to African Immigrants

Afin Bank Opens Mortgage Market to African Immigrants

Hey Digital Banking fanatic! A new UK digital bank has entered the mortgage market. Afin Bank, now fully authorized by the Bank of England, will offer home loans starting this Monday. Backed by £62 million from WAICA, the bank will serve African, Eastern European, and Indian nationals often turned away

Neobank Jupiter Money Adds Insurance Layer

Neobank Jupiter Money Adds Insurance Layer

Hey Digital Banking Fanatic! Jupiter Money just secured a corporate agency licence from India’s insurance regulator, giving it the green light to offer in-app life and general insurance. The neobank, now serving over 3 million users, will kick off with term life and health insurance from top partners.

Dock Executive Arrested Over $10M Acquisition Dispute

Dock Executive Arrested Over $10M Acquisition Dispute

Hey Digital Banking Fanatic! Dock’s country manager in Mexico, Anderson Olivares, was arrested in Mexico City, accused of a $10 million fraud tied to the 2021 acquisition of card processor Cacao. Prosecutors point to irregularities in the deal, and a court has barred Dock from changing its shareholder structure.

London or Wall Street? Starling Weighs Its Options

London or Wall Street? Starling Weighs Its Options

Hey Digital Banking Fanatic! Another hit to the London Stock Exchange… According to the Financial Times, Starling Bank is considering a potential US listing, aiming for a possibly higher valuation. CFO noted that the bank hasn’t yet formed a “concrete view” on the matter. Starling’s interest in a

Revolut Doubles Funding Round, Eyes $75B Valuation & U.S. Expansion

Revolut Doubles Funding Round, Eyes $75B Valuation & U.S. Expansion

Hey Digital Banking Fanatic! Revolut is now said to be closing in on a $2 billion raise, "just" doubling the figure reported just last week... 👀 The deal, a mix of primary and secondary shares, could push its valuation to as high as $75 billion, according to Axios. 🤯 Secondary

N26 Poaches from Trade Republic in Iberia

N26 Poaches from Trade Republic in Iberia

Hey Digital Banking Fanatic! N26 has named Antón Díez Tubet as General Manager for Spain & Portugal, snagging him from fellow German player (and rival) Trade Republic, where he led the same markets. With +400 team members in Madrid and Barcelona, the Iberian region is reportedly one of N26’s

Revolut Seeks $1B at a $65B Valuation It Previously Rejected

Revolut Seeks $1B at a $65B Valuation It Previously Rejected

Hey Digital Banking Fanatic! It’s been a tough week to keep up with all of Revolut’s updates, from the Alipay partnership and Mubadala’s $100M investment, to the UK ISA launch and more… and it doesn’t seem to be slowing down! According to the Financial Times, Revolut