With the current COVID-19 pandemic placing most people in lockdown and our increasing reliance on the internet, it is only natural that most services are now going online. While ‘Digital banking’ is not new, it is definitely adapting well.
One of the leading fintech names in the EU — Meniga — that offers digital banking technology to some of the world’s largest banks has reached a new milestone. The Iceland-born startup has just raised €8.5 million in a ‘strategic’ investment round. Now, London-headquartered, the company was founded in direct response to the Icelands’s financial crisis in 2008 and is now keen to boost digital banking across Europe.