GoHenry Launches Money Missions, In-App Gamified Education, to Lead New Era in Financial Literacy
NEW YORK & LONDON--(BUSINESS WIRE)--Oct 18, 2021--
Source: midfloridanewspapers.com
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Europe's Digital Banks Got a 'Wake-Up Call' in 2020. And Consolidation Could Be Coming – NBC 6 South Florida
But many of the so-called neobanks have stumbled in 2020, with the likes of Monzo and Revolut revealing deepening losses and getting hit with a multitude of complaints from customers about service. Monzo, whose founder Tom Blomfield stepped down as CEO earlier this year, caused concern after flagging "significant doubt" about its ability to continue "as a going concern" due to disruption from Covid-19. Now, neobanks are under tremendous pressure to show they mean business. Investors are pushing the fintech challengers to demonstrate that they're able to monetize their products, and eventually...
Source: nbcmiami.com
Cash cards for kids: digital banks race to capture the next generation
6 Min Read LONDON (Reuters) - When John Hibbs’ daughter Xanthe received her first bank card in the mail, the six-year-old spent the next week Googling how to buy a horse. John Hibbs and his daughter Xanthe pose in an undated handout photo obtained by Reuters on November 17, 2020. John Hibbs/Handout via REUTERS Hibbs and his wife Kate had got Xanthe a newly launched children’s debit card from UK digital bank Starling, one of a number of new offerings from fintechs aimed at children and teenagers. “The earlier we can start the learning process of using a card, the earlier she can learn t...
Source: reuters.com