Banking is continuing to evolve and there has been a trend to talk about how the challenger banks will take...
One of the challenges for the challenger banks like Monzo, Starling and Revolut is to go beyond the young demographic...
UK digital challenger, Starling Bank, has announced plans to move forward with a small business lending offering; last year they...
European challenger bank Revolut announced today that it will enter the US market with crypto trading services through a partnership...
A new survey by credit card specialist Fraedom shows that 80 percent of banks believe challengers have impacted their business...
It is not very often that there is an intersection between alpacas and fintech but we learned today that Monzo...
Leading UK challenger bank, Revolut, is growing fast and now has around four million customers; they are adding new customers...
Forward-thinking MoneyLion has launched a comprehensive mobile banking service called RoarMoney, a nearly-no-fee bank and debit card experience powered by...
CB Insights reports on two of Europe's top markets for fintech investment, the UK and Germany; the UK is reporting significant early-stage investment in personal banking platforms and insurtech with insurtech also a top investment in Germany; year-to-date, European fintech companies have raised approximately $2.6 billion with early stage fintech financing in the UK at $202 million and Germany reporting financing of $83 million. Source
Savings rates at UK challenger banks are more than 1 percent higher than their high street counterparts; research by challenger Gatehouse Bank revealed the statistics; challenger banks and digital banks are still finding wide knowledge of open banking a challenge; “Sadly too many savers still opt for products from household names as they are unaware of the best buys that exist beyond the high street,“ said Charles Haresnape, CEO of Gatehouse Bank, to AltFi. Source.