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Neobank, Challenger Bank Maps Showcase Boom in Digital Banking | Fintech Schweiz Digital Finance News – FintechNewsCH


 
Since 2010, more than 310 neobanks have launched around the world, attracting an estimated 39 million users globally. Out of the 300+ ventures to have ever launched, 256 were live as of late-2020 with nearly half (111) located in Europe, data from European management consulting firm Exton Consulting show.
Inside Financial Services: Neobanks 2021, Exton Consulting, 2020
Neobanks, also known as online banks, virtual banks or digital banks, are a type of direct banks that operate exclusively online without traditional physical branch networks. These fintech-based financial providers are challenging traditional banks by offering services digitally either through their own banking license, or through banking partners.
Europe leads neobanking ....

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Holvi founder buys company back from BBVA


Holvi founder buys company back from BBVA
Keru Fintech Investments has acquired all Holvi shares from the Spanish banking group BBVA, Holvi said.
Keru is an investment company established for the purpose of acquiring Holvi and continuing Holvi’s business in Finland, Germany and other European markets. The sole owner and founding shareholder of Keru is Tuomas Toivonen, one of Holvi’s founders, who will also take over as the Chief Executive.
Under his leadership, the company will continue to focus on strengthening its own position in the core European markets – accordingly, Holvi’s customers can continue to use the service as usual, Holvi said. ....

Banco Bilbao Vizcaya Argentaria , Tuomas Toivonen , Keru Fintech Investments , Bilbao Vizcaya Argentaria , கெரு ஃபிண்டெக் முதலீடுகள் ,