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challenger bank

EuropeFintechNews Roundup
·May. 21, 2020

Tom Blomfield Stepping Down as Monzo CEO, will Serve as President

Tom Blomfield started Monzo over five years ago and has now decided to step down as CEO; he will now...
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FintechNews RoundupUSA
·Jan. 27, 2020

N26 Has 250,000 Customers in the US

Last week we reported that N26 crossed 5 million customers but we didn’t have insight into how their US business...
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FintechNews Roundup
·Jan. 20, 2020

Australian Challenger Bank Raises Series C, Plans IPO for 2020

Volt, a challenger bank in Australia has raised $70 million in a Series C round; they have now raised $100...
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EuropeFintechNews Roundup
·Jan. 7, 2020

New UK Challenger Aims to Serve Farmers

Oxbury is a Chester-based challenger bank which looks to smooth out cash flow for farmers; according to James Farrar who...
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EuropeFintechNews Roundup
·May. 16, 2019

Troubles Continue for UK’s Metro Bank

The challenges continue to mount for UK challenger Metro Bank; founded by the former head of Commerce Bank in NJ,...
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FintechNews RoundupUSA
·Mar. 9, 2020

What is the outlook for a new challenger bank entering the market?

Level is a challenger bank which just launched in February 2020; the bank offers a deposit account through their app...
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EuropeFintechNews Roundup
·Jan. 21, 2020

New UK Digital Bank Exits Stealth

The new company called Vive just received their restricted banking license from the Bank of England; Vive plans to launch...
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FintechNews RoundupUSA
·Jan. 8, 2020

Starling Bank Doesn’t Want to Sell to a Bank

Starling Bank intends to go public in two or three years; they are also eyeing breakeven by the end of...
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EuropeFintechNews Roundup
·Jun. 17, 2019

Team from Loot Join RBS Digital Bank

Loot was a startup that offered a current account for millennials; last month it went into administration after they ran...
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EuropeFintechNews RoundupUSA
·Mar. 29, 2019

Citi Says Incumbent Banks Looking at a 30% Revenue Hit

A new report out by Citi says that new digital-first challenger banks may cause a 30% revenue hit to incumbent...
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