American lender, Wells Fargo, is reportedly setting its sights on expanding its digital banking services in Europe. According to sources, the financial institution is eyeing France, Spain, and Italy as key markets for its growth plans. This move comes as Europe's banking sector continues to grapple with the challenges of digital transformation, with many traditional lenders struggling to keep pace with the rise of fintech companies. With its existing digital banking platform, Wells Fargo aims to tap into the growing demand for online banking services in these countries and establish a significant presence in the region.
US lender eyes France, Spain and Italy as it aims to grow digital bank
