COMPANY PROFILES
Paytm
Paytm is a subsidiary of One 97 Communications, it is a mobile commerce platform in India. It started by offering mobile recharge and utility bill payments, now offering a full marketplace to consumers on its mobile apps. In March 2017, Paytm launched bill payments services for Canada users to pay their utility bills. Recently, the company received payments bank license from RBI and planning to launch their services for small businesses on end of May 2017.
Product services: NEOBANKS / DIGITAL BANKS, LICENSED DIGITAL BANKS
Atom Bank
Atom is a startup bank which has been authorized by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and the PRA.
Product services: NEOBANKS / DIGITAL BANKS, LICENSED DIGITAL BANKS
Masthaven
The company operates as a Neo digital bank to provide all the banking serices digitally to its customers.
Product services: NEOBANKS / DIGITAL BANKS, LICENSED DIGITAL BANKS
Tandem
Tandem is a banking tech platform that provides consumers with digital banking services like current accounts, credit cards, loans and other features. The company received its banking license in 2016 and launched their services in beta version for more than 10,000 customers. Currently, the company is in product development stage and planning to roll out service in early 2017.
Product services: NEOBANKS / DIGITAL BANKS, LICENSED DIGITAL BANKS
Starling
Starling, is aiming to lure the mobile-focused customers and provide a superior current account service to those offered by the incumbent high-street banks. Currently, the company is planning to launch digital banking service in Ireland in Q1 2018.
Product services: NEOBANKS / DIGITAL BANKS, LICENSED DIGITAL BANKS
Neon
Neon is a brazilian mobile-only bank. It has obtained a banking license that enables its customer to deposit with a very low cost of capital and leverage those deposits for providing loans.
Product services: NEOBANKS / DIGITAL BANKS, LICENSED DIGITAL BANKS
Volt
Volt is a digital-only bank that has been granted a restricted authorized deposit-taking institution (Radi) license by the Australian Prudential Regulation Authority. It is building a cloud-based branchless digital banking platform to offer financial products to its clients.
Product services: NEOBANKS / DIGITAL BANKS, LICENSED DIGITAL BANKS
PanPay
PanPay is an online digital bank that provides banking services to its users through its online application.
Product services: NEO/DIGITAL BANKS, LICENSED DIGITAL BANKS
PiggyBank
Piggybank is an online/mobile app that provides an automated savings platform enabling users to manage their finances by depositing small amounts of money. It has recently acquired a (Gold Microfinance Bank LTD) micro-financing license from the Central Bank of Nigeria (CBN).
Product services: NEOBANKS / DIGITAL BANKS, LICENSED DIGITAL BANKS
Fidor Bank (Acquired/Merged)
Fidor Bank is a digital bank founded in Germany in 2009 in an effort to re-establish lost confidence in banking with new and customer-focused services, enabling its customers to actively participate in the bank’s decision-making processes. BPCE has acquired Fidor Bank on July 2016.
Product services: NEOBANKS / DIGITAL BANKS, LICENSED DIGITAL BANKS
