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challenger bank

FintechNews RoundupUSA
·Mar. 9, 2020

What is the outlook for a new challenger bank entering the market?

Level is a challenger bank which just launched in February 2020; the bank offers a deposit account through their app...
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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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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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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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EuropeFintechNews Roundup
·May. 16, 2019

Troubles Continue for UK’s Metro Bank

The challenges continue to mount for UK challenger Metro Bank; founded by the former head of Commerce Bank in NJ,...
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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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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
·May. 21, 2020

Tom Blomfield Stepping Down as Monzo CEO, will Serve as President

Tom Blomfield started Monzo over five years ago and has now decided to step down as CEO; he will now...
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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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EuropeFintechNews Roundup
·Jun. 17, 2019

Team from Loot Join RBS Digital Bank

Loot was a startup that offered a current account for millennials; last month it went into administration after they ran...
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