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challenger bank

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
·Aug. 22, 2017

CNBC Speaks with Anne Boden, CEO of Starling

Starling is a challenger bank based in the UK; Boden speaks about Starling, open banking and how she came to discover fintech which in turn led her to founding Starling; Boden previously worked in executive positions at UBS, ABN Amro, RBS and AIB; Starling was founded in 2014 as an app-only bank; in an interview Boden stated: "…and in 2014, I started the journey to build a bank. And it's been a long process because you don't just build a bank overnight. We've done things the hard way in that I'm a big believer that things that are worth doing are things that tend to be quite hard – because easy things anybody can do." Source

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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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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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EuropeFintechNews RoundupUSA
·Feb. 8, 2019

Revolut Riding the Fintech Investment Boom

The fintech world is awash in capital today and one of the places on the receiving end of this seemingly...
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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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EuropeFintechNews Roundup
·Jan. 23, 2019

Metro Bank Shares Lose Nearly 40%

Metro Bank is a UK challenger bank which recently shared a mistake in how they classified their loan book; the...
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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
·Mar. 21, 2019

OakNorth Triples Profit in 2018 to £34 Million

Leading UK challenger bank, OakNorth, has released its 2018 results showing that profits increased to £33.9 million, a 220% increase...
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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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