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challenger banks

EuropeFintechNews RoundupUSA
·Feb. 13, 2019

Big Banks Say Challengers are Becoming a Serious Threat

A new survey by credit card specialist Fraedom shows that 80 percent of banks believe challengers have impacted their business...
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FintechNews RoundupUSA
·Feb. 20, 2020

Level Launches Banking App into Crowded Market

The digital banking market continues to get more crowded by the day with Level launching a banking app that features...
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Peer to Peer Lending
·Feb. 25, 2020

Revolut Raises Massive $500 Million Round at $5.5 Billion Valuation

By now we have become almost numb to the giant rounds raised by the challenger banks in the UK. It...
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EuropeFintechLatAmNews Roundup
·Apr. 22, 2020

N26 Amongst Group of Digital Banks to Make Big Changes in Response to Crisis

N26 said they are furloughing 10 percent of their staff, cutting back on advertising spending and reconsidering their planned launch...
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FintechNews RoundupUSA
·May. 14, 2020

Stash Runs Stock Parties as Engagement Tool

Digital banking startup Stash has been running virtual stock parties during the quarantine as a means of engaging their user...
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EuropeFintechNews Roundup
·Jun. 5, 2019

Digital Banks Look to Attract Older Generations

One of the challenges for the challenger banks like Monzo, Starling and Revolut is to go beyond the young demographic...
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FintechNews RoundupUSA
·Feb. 6, 2020

Challenger Banks Continue the Lending Push

Challenger banks doubled their lending operations to $150bn in 2019 from 2012/13 as they push further into traditional banking lines...
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FintechNews RoundupUSA
·Mar. 9, 2020

Challenger Bank Valuation Could Top $550bn by 2027

A new report by Facts and Factors Market Research says the challenger bank market could top $500bn by 2027; this...
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FintechNews RoundupUSA
·May. 12, 2020

Digital Banks Well Positioned for Success Post Covid

The current pandemic has upended the financial services industry more in the last two months than fintech has in the...
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EuropeFintechNews Roundup
·Feb. 21, 2019

Revolut Targeting 50,000 New Accounts a Day by Year End

Leading UK challenger bank, Revolut, is growing fast and now has around four million customers; they are adding new customers...
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