mobile banking

Banking app Dave partnered with investment company Victory Park Capital to go public through a special-purpose acquisition company (SPAC), as it looks to cash in on increased user demand for financial services spurred by Covid-19 (coronavirus).

Messaging app provider Line’s banking unit unveiled plans to establish a digital bank in Indonesia by the end of the month, building on previous moves in Thailand and Taiwan as the division targets a leading position in Asia’s digital finance…

Japan-based messaging app provider Line and Mizuho Bank piled up fresh investment of JPY12 billion ($114. 2 million) in an initiative to establish a smartphone-based bank in the country by the end of 2022.

Orange acquired direct banking company Anytime as the group looks to expand the reach of its financial management services to independent professionals and small enterprises.

Airtel Africa and multinational bank Standard Chartered unveiled a partnership aimed at boosting financial services in Africa, with mobile banking transfers initially live across four key markets in the region.

Germany-based fintech player Wirecard shrugged off recent allegations regarding its accounting practices with the commercial launch of a payment app designed to centralise users’ entire portfolio of financial services.

Polish Payment Standard (PPS), operator of the Blik mobile payment brand in Poland, inked a deal to extend its remittance options beyond the nation’s perimeter as it seeks to grab a slice of growing cross-border trade opportunities, Finextra reported.