Silicon Valley Bank swiftly collapses after tech startups flee
Silicon Valley Bank became the biggest US lender to fail in more than a decade after a tumultuous week that ...
Tag: bank startups
Banking startup Level enters the high-yield savings race
Level, a digital banking startup based in San Francisco, is trying to hook customers with a 2.1% savings account annual ...
Banks not meeting needs of SME clients, Forrester study says
As big banks focus on attracting more small business clients, they should be leaning more on digital than human, according ...
Digit to focus on automation as it evolves its future plans
Digit, a personal finance app that helps users save automatically, raised $27.5 million in Series C funding on Monday. Digit ...
Inside OTP Lab, Eastern Europe’s most adventurous bank innovation effort
It might have $55 billion in assets and 18.5 million customers in 10 countries, but OTP Bank, one of the ...
Why banking app Dave is putting humans behind its texts to customers
For personal finance app-cum-banking platform Dave, “banking for humans" is more than a marketing slogan. It's a core pillar behind ...
Generation Z is the new battleground for challenger banks
A new breed of banking startups wants to lock in customers while they’re in high school and college. As the ...
Northwestern Mutual commits $150m to startup investments
Northwestern Mutual has launched a second venture fund to support startups working in financial services. This builds on the $43 ...
Celsius deposits cross $250m mark
Celsius, the crypto banking startup, now has $250 million of deposits, with $50 million coming in just the last couple ...
Traditional Financial Institutions Still Consider Fintechs as Major Threat
Many financial institution businesses see fintech as a threat. At least, that’s according to a recent report by PwC, which ...
