Card-issuing platform #Marqeta #sees a lot of potential in working with challenger #banks across #Europe, and to fuel this #opportunity, the Oakland, Calif.-based company took in $ 45 #million in #funding, Jason Gardner, founder and CEO, told Bank Innovation. Investors in this funding round include VC firm ICONIQ Capital and Goldman Sachs. The new round, announced today, […]
Bank Innovation
Neobanks, better established across the Atlantic in Europe, are starting to grow up in the U.S. as well. U.S. challenger bank #Chime is growing by 100,000 accounts per month, according to CEO Chris Britt. The San Francisco-based challenger bank just crossed the one-#million accounts mark, Britt told Bank Innovation, over a span of less than […]
Bank Innovation
#Free #credit reporting company Credit Karma reported more than $ 500 million in #revenue in 2016 — a 50% increase compared to the prior year &8212; hitting 70 million members since the launch of its flagship product &8212; credit monitoring &8212; in 2012, the company announced this week. What’s the secret to its success? Free #products […]
Bank Innovation
#Mobile wallets are set to become more popular bit by bit across the globe over the next four years, according to a #study by Technavio, which cites the much more rapid growth of “m-commerce,” or mobile #shopping, as one of the primary factors that will bring consumers to mobile wallets.Read More
Bank Innovation
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