Banking as a service is one of the hottest trends in fintech today with fintechs, service providers and banks all...
ClearBank has received its license for digital banking services in the UK; firm is run by Nick Ogden who also has payment services experience with WorldPay and CashFlows; the UK currently leads the challenger bank market with approximately 42 digital only banks. Source
Nick Ogden has launched ClearBank after three years of development on the multi-million-pound project; the bank is marketed as a "bank for banks," targeting fintech startups, credit unions, building societies and other challenger banks; it will focus on payment processing, which it plans to offer at cheaper and faster rates than competitors, and also an "off the shelf core banking service." Source
UK based challenger banks Starling Bank, Metro Bank and ClearBank were awarded more than $365mn of the RBS Competition Fund;...
Nick Ogden has been around fintech longer than just about anyone; he founded Worldpay in 1997, a company that was...
Lots of crypto news this past week with a big round from ConsenSys, a big vote in the EU and everyone wonders what Apple will do with crypto.