Can All the Banking Startups Survive in the UK?

As two new banking applications come to market this week, the question that comes to mind is can all of these startups survive and disrupt the banks?; there are questions surrounding business models and how each company intends to make money in a market that is becoming more crowded each day; each of these new startups has different challenges that lie ahead, some will need to be approved for a banking license and others will need to understand the regulatory framework behind PSD2.  Source