Challenger Bank/page/2 news and trends

Inside Revolut: 5 Banking and Payments Products Linked To UK’s Most Valuable FinTech
Digital-First Banking // September 29, 2021

What started six years ago as a pre-paid debit card making it easy for customers to use their debit card anywhere in the world, in whichever currency they like, has evolved into a billion-dollar challenger bank that is now worth more than 53-year-old NatWest, one...

US Bank Now Limited Partner in 2 FinTech VCs
Fintech Investments // August 26, 2021

Five years ago, U.S. Bank created a dedicated FinTech unit designed to find emerging companies that can help the bank improve its customers’ digital and mobile experiences. On Thursday (Aug. 26), U.S. Bank said it was taking things a few steps further, becoming a limited...

A Targeted Approach To eCommerce Firms’ Biggest Banking Pains
B2B Payments // November 27, 2020

It’s been more than a decade since the boom of neo and challenger banks stepping into the market to fill the biggest service gaps left by FI giants. Generally considered more nimble and digital-friendly than legacy banks, challengers have injected a much-needed dose of technological...

Why One Says Middle-Class Americans Need A New Bank
Digital-First Banking // October 01, 2020

Middle-class consumers are feeling that they’re getting the short end of the stick when it comes to their relationships with traditional banks, Brian Hamilton, co-founder and CEO at One, told Karen Webster in a recent conversation. For example, his firm’s research found that some 57...

Interviews & Exclusives
Why One Says Middle-Class Americans Need A New Bank

October 01, 2020
Middle-class consumers are feeling that they’re getting the short end of the stick when it comes to their relationships with traditional banks, Brian Hamilton, co-founder and CEO at One, told Karen Webster in a recent conversation. For example, his firm’s research found that some 57 percent of customers are pretty sure they aren’t getting the […]

Astralis Group Bets On eSports Digital 3.0 Transformation

June 17, 2020
The shift to Digital 3.0 will include sports — in fact it will have two business models. One will be live gaming with teams competing for cash and prizes in...

Will Consumers Warm To Subscription Banking?

March 13, 2020
The era of “challenger” banks has seen many grand promises in terms of innovating on the old banking model to provide consumers with something more modern, responsive and customized.  But...

The Week In Payments: N26 Ups Debit Rewards, Wag Sags And Bill Ready Goes To...

December 13, 2019
There was no lack of action in the wild world of payments and commerce this week. In the running toward things column, there was German challenger bank N26’s big push into...

Quick Reads
Monzo Aims for £4 Billion Valuation as Biggest Challenger Bank in UK

February 20, 2024
Monzo, the British FinTech unicorn, is aiming for a £4 billion valuation in its latest funding round. The digital bank, which currently has over nine million U.K. personal current account customers, is in discussions with investors to raise fresh funds, according to The Financial Times. Top investors such as Index and General Catalyst are said […]

US Bank Now Limited Partner in 2 FinTech VCs

August 26, 2021
Five years ago, U.S. Bank created a dedicated FinTech unit designed to find emerging companies that can help the bank improve its customers’ digital and mobile experiences. On Thursday (Aug....

Zopa Secures UK Banking License

June 24, 2020
Zopa, the United Kingdom-based peer-to-peer (P2P) lender, has reached its latest milestone and received its banking license as it takes on traditional banks, the Financial Times reported. “We never thought...

Monzo Closes In On New Funding As Valuation Plunges 40 Pct 

May 15, 2020
London FinTech unicorn Monzo is closing in on a new funding round as it faces a near 40 percent drop in valuation due to coronavirus pandemic economic fallout, according to...