Deposit Account FinTech Underserved 
Fintech News
JUNE 5, 2024
ANEXT Bank continues to focus on serving the underserved MSMEs. As of the end of May, 69% of its customers are micro businesses, with 56% of loan customers and 80% of deposit customers falling into this category. These FBOs hail from 78 different nationalities, including mainland China, Indonesia, Japan, Malaysia, and South Korea.
PYMNTS
MARCH 19, 2020
The Federal Deposit Insurance Corporation ( FDIC ) gave the green light to an application from the FinTech firm Square to create a de novo industrial bank in Utah, the agency said on Wednesday (March 18). The Utah Department of Financial Institutions still has to issues approvals to the San Francisco-based FinTech. Square, Inc.
PYMNTS
MARCH 12, 2019
Commercial Banking announced a partnership with FinTech Neptune Financial (NepFin). Both HSBC and NepFin are embracing the needs of a, thus far, underserved market — and the partnership has crystalized quickly. Data helps lenders make the best risk-adjusted lending decisions. To that end, late last month, HSBC U.S.
Fintech Finance
APRIL 24, 2024
By partnering with Marqeta, OakNorth will provide its small and medium-sized business customers the services typically only available to commercial banking customers, including deposit accounts and tools to automate bill payments, helping them plan for rising costs and thrive amid economic uncertainty.
The Fintech Times
APRIL 24, 2024
This includes deposit accounts and tools to automate bill payments. OakNorth specialises in supporting ambitious entrepreneurs and businesses that are underserved by traditional banks. The post OakNorth and Marqeta Join Forces to Tackle £22billion SME Funding Gap in UK appeared first on The Fintech Times.
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