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NEOBANKS
Slice eyes $50-100 million funding at lower valuation, sharpens digital bank pitchThe small finance bank has held discussions with VC funds and other investors at a time when fintech sector has come under increasing regul...08 Apr, 2026, 09.02 PM IST- Neobank Fi Money shuts down banking servicesThe neobanking startup, which is backed by Peak XV Partners and Alpha Wave Capital, was offering banking services in partnership with Keral...11 Mar, 2026, 09.41 PM IST
- Neobank Zolve to expand to the UK, Australia and CanadaDelaware and Bengaluru-based startup Zolve provides bank accounts and credit cards to Indians looking to settle in the US.21 Oct, 2023, 11.00 AM IST
- Neobank Fi lays off 10% of workforce; lags behind on fiscal revenue targetThe layoffs have been undertaken to increase its cash runway from almost one and a half years currently to two years and are expected to im...27 Sep, 2023, 08.45 PM IST
- IIFL Finance, Open Financial join hands to launch neobank for MSMEsThe unique proposition of this neobank is an innovative User Interface (UI) system made exclusively for small merchants -- a first of its k...04 May, 2022, 11.08 AM IST
- Traditional banks are using neobanks to reach out to tech-savvy customers: reportAccording to the Redseer report, collaboration benefits both, giving neobanks a strong footing and traditional banks access to young custom...27 Apr, 2022, 03.32 PM IST
- Neobank Open acquires Finin in $10 million dealAccording to Open, the acquisition will also further enhance its no-code embedded finance platform Zwitch.14 Dec, 2021, 07.22 PM IST
- Open acquires consumer neo-banking platform Finin for $10 millionThe acquisition will strengthen Open's cloud native enterprise offering BankingStack via which it has deployed SME digital banking solution...14 Dec, 2021, 04.51 PM IST
- Neobank Fi valued at $315 million after $50 million funding led by B CapitalThe latest funding comes after an intermediate capital infusion of about $12 million from existing investors, taking the total to $62 milli...01 Nov, 2021, 04.05 PM IST
- Explained: Neobanks, the next evolution of bankingMany might confuse neobanks with digital banks. Both are similar in that they offer banking services through smartphones and other devices....07 Oct, 2021, 04.57 PM IST
- Exclusive: Neobank Jupiter raises $45 million from Brazil's Nubank, othersJitendra Gupta's Jupiter is among several Indian fintech startups—including Open, EpiFi, Razorpay and Niyo—that have entered into the nasce...05 Aug, 2021, 02.19 PM IST
- Tata Digital to add neobank to its 'super app' arsenalAfter bolstering its e-commerce offerings by acquiring BigBasket and 1mg, Tata Digital wants to offer financial services—including credit, ...18 Jun, 2021, 09.27 AM IST
- Neobank Niyo acquires personal finance startup IndexNiyo neobank plans to integrate Index’s personal finance services to NiyoX—its newly launched savings and wealth platform—to extend to its ...10 Jun, 2021, 01.41 PM IST
- Neobanking attracts heavyweightsIn today's ETtech Morning Dispatch, Indian neobank Open draws interest of Amazon, Google and Visa; Paym parent invites shareholders to dilu...08 Jun, 2021, 08.57 AM IST
- Infibeam Avenues subsidiary GoPayments to foray into neobankingInfibeam will leverage its technology and collaborate with non-banking financial companies (NBFCs) for setting up the GoPayments neobank, a...27 May, 2021, 08.41 PM IST
- Google Pay creators launch neobank Fi for millennialsNeobanks are virtual banks that work online and do not have physical branches20 Apr, 2021, 08.02 PM IST
- Neobank Open acquires Optobizz in $5 million stock-plus-cash dealThe acquisition will add 800,000 SMEs to its user base, as well as 35 employees of Optobizz. Open will be setting up a development centre i...18 Feb, 2021, 03.21 PM IST
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