Neobank - FinTecBuzz

indó selects Lucinity for modern financial crime prevention

February 20, 20235 min

indó, an Icelandic mobile first advanced neo-bank, has selected Lucinity as its AML compliance software, including its Transaction Monitoring and Case Manager solutions. Established in 2018, indó is the first neobank to operate in Iceland. It was created to restore faith in the banking system by being open with customers about how their money is used. The company received its Icelandic banking license in February 2022, the first new license issued in more than 30 years, aiming to capitalize...

by PRNewswire

Banking

Ampere – business banking for UK customers

February 13, 20237 min

Ampere launched online business banking for small and medium businesses in the UK. Appeared in 2022, all-in-one neobank allows entrepreneurs to manage all the essential financial operations in one place. Thereby solving and dealing with all business hustle. Quality products are highly valued in the financial technology market. Ampere is gaining quite fast momentum in the UK, at the same time it is also preparing to enter the European market. All this will lead to the global use...

by PRNewswire

Banking Platform

Neobank Unifimoney selects Nium For International Remittance

October 21, 20204 min

The collaboration with Nium will provide Unifimoney's customers with the ability to send funds globally and in real-time[1]

by BusinessWire

Banking Platform

Next-gen Neobank Douugh Debuts on ASX

October 6, 20204 min

Next-gen neobank and AI-driven financial wellness app Douugh began trading on the Australian Stock Exchange (ASX:DOU) today, having raised $6m in Series A funding via an oversubscribed placement. Douugh is an evolution of the ‘neobank’ concept, taking the original idea of banking disruption and pushing it past the capital-heavy models currently making headlines. Founder and CEO Andy Taylor said while neobanks had gone part way toward their stated goal, the model was fundamentally flawed. “Most of the...