The U.K. is seeing no signs that its influx of challenger banks will slow down. Another industry player, City of London Group, is slated to submit its U.K. banking license at the end of the year to launch a new bank dubbed Recognise, a report...
City of London Group (COLG) announced that it has raised £15.2 million (just over $20 million USD) in new funding, which will be used to launch a bank that focuses on small and medium businesses (SMBs). The finance services company raised £13.15 million through the...
