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monobank Plants its Own Payment Terminal Network in Ukraine

monobank Plants its Own Payment Terminal Network in Ukraine

Hey Digital Banking Fanatic! monobank has launched its network of payment terminals across Ukrainian cities, with 1,200 already live and more to come. Customers can top up their cards free of charge. And before I let you enjoy today's news updates, don't forget to play

N26 Shake-Up at the Top

N26 Shake-Up at the Top

Hey Digital Banking Fanatic! Co-founder Valentin Stalf is stepping down as CEO after tensions with investors, moving to the supervisory board instead. His co-founder, Max Tayenthal, stays on for now, but his exit plans will follow too. Once valued at €7.7B, N26 has been under regulatory pressure from BaFin,

Monzo takes on VodafoneThree & EE; Are Rivals Nervous?

Monzo takes on VodafoneThree & EE; Are Rivals Nervous?

Hey Digital Banking Fanatic! Monzo is in the early stages of rolling out its own digital SIM and monthly mobile contracts. Why? The neobank is aiming to fix the pain points customers flagged in traditional mobile plans. With 13M UK users, Monzo joins Revolut and Klarna in pushing FinTech deeper

Nubank Delivers $637M Q2 Profit, Beats Expectations

Nubank Delivers $637M Q2 Profit, Beats Expectations

Hey Digital Banking Fanatic! Nubank just crushed its Q2 numbers, posting a 42% jump in net profit to $637M, sending shares up over 8% in after-hours trading. Revenue hit $3.7B, up 40% YoY, driven by operational leverage and a shift in strategy: the next wave of growth in Brazil

Standard Chartered HK Launches Zero-Fee SC Invest

Standard Chartered HK Launches Zero-Fee SC Invest

Hey Digital Banking Fanatic! Standard Chartered Hong Kong has rolled out SC Invest. The fund investment platform features zero fees with a starting point of just HKD 100. This platform offers four globally diversified portfolios, each holding 20+ ETFs and funds, targeting emerging affluent clients who want to start small

N26 Founders May Step Aside Soon

N26 Founders May Step Aside Soon

Hey Digital Banking Fanatic! N26’s founders may soon be replaced 🤯 Some investors are reportedly losing patience and are in talks with the supervisory board about possible next steps. One option under discussion is for one founder to join the supervisory board while the other remains CEO until a successor

Santander & OpenAI Collaborate on AI-Driven Banking

Santander & OpenAI Collaborate on AI-Driven Banking

Hey Digital Banking Fanatic! Santander is diving deeper into digital transformation by partnering with OpenAI to weave generative AI into daily banking operations, with +15,000 employees already using ChatGPT Enterprise. Ricardo Martín Manjón, Santander’s Chief Data & AI officer, highlights, “In 2024 alone, AI initiatives have already delivered