digital bank

SBI to revamp mobile app to launch digital bank

Public sector lender State Bank of India is planning to upgrade its banking application, which will be called ‘Only Yono’,…

India’s HDFC Bank working to launch digital arm

India’s leading private lender HDFC Bank is working to build a digital challenger bank to target young customers, Financial Express has reported…

German digital bank Penta in talks to raise fresh investment

German digital banking start-up Penta is in talks with potential investors to raise fresh funding, Bloomberg reported citing people familiar with the…

Oaktree mulling to divest stake in digital lender Banca Progetto

US-based investment firm Oaktree is looking to dilute its stake in Italian digital lender Banca Progetto, Reuters reported citing sources. Oaktree has…

UK digital bank Revolut goes live in Singapore

British neo-bank Revolut has launched its digital banking services in Singapore after completing a successful beta phase. The London-based challenger…

Digital bank Simple poaches new CEO from Amazon

US-based digital bank Simple has hired David Hijirida from e-commerce giant Amazon as its new CEO, The Financial Times has…

Xinja turns to SAP to power its digital bank

Xinja, the Australian neobank, has selected SAP Cloud for Banking to power its forthcoming independent digital bank. Xinja has submitted…

Bendigo Adelaide to launch digital bank

Australia’s Bendigo and Adelaide Bank (Bendigo Adelaide) is set to roll out its digital outfit ‘Up’ in October this year…

UOB digital bank set for launch, targets ASEAN markets

United Overseas Bank (UOB) is to launch a digital bank for Southeast Asia targeting mobile savvy customers. The new UOB…

Liv AECB team up to offer instant credit score to customers

Emirates NBD's digital sub-brand Liv is partnering with the Al Etihad Credit Bureau (AECB) to offer customers instant access to their…