Chime Improve Millennials’ Credit Scoring with Pinch
Chime recently closed a funding round and explained they are investing part of this amount into buying out PinchRent, a scoring improvement servi...
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Liv: An Insurance Policy for Millennials’s Smartphones
FACTS Emirates NBD launched their mobile bank for Millennials, Liv, in 2017. Since then, many partnerships have been announced to rollout a...
Indonesian Start-Up FinAccel Bets on Digital Credit Cards
FinAccel announced a $30 million equity investment round led by the Australian VC Square Peg Capital. The point for them is to aim for internatio...
REX: Chime Hits 5 Million Customers Milestone
FACTS The mobile bank Chime reports 5 million bank accounts after five years in business.
m-Banking: Zero Financial Raises $20M
FACTS The American FinTech Zero Financial focuses on the market for credit cards making adjustments to Millennials’ needs. They just raised...
Social Commerce: Snapchat Partners with Amazon
Just like Facebook and Twitter, Snapchat released disappointing use rates for Q2 2018. They now try to win back Millennials, as well as their sha...
Afterpay Reaches out for the UK
Considering how successful their service has been in Australia and in the US, Afterpay aims for the UK. This announcement follows a $117 million ...
CASHe Granting Loans Based on Social Media Interactions
The digital lending platform CASHe introduces the first “alternate” credit rating system in India, aka “Social Loan Quotient” (SLQ). This service...
Brits Want Flexible Options When Booking a Holiday
In the UK, a study released by Klarna deals with travelling costs and the anxiety it causes among British people who would have to cut back on ov...
LenDenClub Introduces InstaMoney Short-Term P2P Lending App
LenDenClub –one of the leading P2P lending platforms in India– launches a mobile app called InstaMoney, enabling young workers to be granted adva...
Credit Karma Also Adds a Chatbot
Financial institutions have become less reluctant to including smart virtual assistants. They even started to use these bots to improve customer ...
ADN’co Payments Insight – October 2019
Players’ Strategy – More Launches and Investments for PayPal UNITED STATES – PayPal and Synchrony are jointly building a credit card for Ve...
Splitit Expands Split Payments Option to Debit Cards
Splitit, ex-PayItSimple, is a US platform providing customers with a means to spread their payments interest-free based on their existing credit ...
ADN’co Payments Insight – June 2019
POS Checkout – Mobile Services Instead of Regular Cash Registers FRANCE – Lyf Pay buys out Neos “scan & go” mobile app. Read more NETHER...
News in Brief – May 2018
Players’ Strategy EUROPE – Five months after they failed to purchase the card manufacturer Gemalto, Atos buys out Swiss exchange operator S...
Challenger Bank: Ma French Bank (Eventually) Sees the Day
FACTS La Banque Postale officially launches their e-banking service Ma French Bank. The associated website is now available and its commerc...
Buy Now, Pay Later: EarlySalary Buys Out CashCare
A new deferred payment solution for online purchases is to be proposed in India as the consumer lending market sees EarlySalary acquire CashCare....
Hello Bank! Offer Renewed with Paid Service
FACTS Hello Bank! will soon be launching two new banking offers. Their goal: further diversify their set of services and focus on an affini...
VIVAT Bets on the On-Demand Insurance Sector
FACTS The Dutch insurance company VIVAT unveils Vigi: a mobile-only, on-demand insurance platform.
REX: Chime Closes Series C Funding Round
The US start-up Chime managed to attract one million customers and is valued $500 million; they just announced a new funding round, highlighting ...
