challenger bank

Monzo Closes In On New Funding As Valuation Plunges 40 Pct 
Monzo Closes In On New Funding As Valuation Plunges 40 Pct 
May 15, 2020  |  Investments

London FinTech unicorn Monzo is closing in on a new funding round as it faces a near 40 percent drop in valuation due to coronavirus...

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German FinTech N26 Notches $100M Amid Uncertainty
German FinTech N26 Notches $100M Amid Uncertainty
May 05, 2020  |  Investments

German challenger bank N26 closed a funding deal for an additional $100 million as it prepares for financial uncertainty due to the global coronavirus pandemic....

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Bunq Adds New Feature Allowing Shared Bank Accounts With Non-Users
Bunq Adds New Feature Allowing Shared Bank Accounts With Non-Users
April 23, 2020  |  B2B Payments

Challenger bank bunq now has new options for customers for increased flexibility. The bank announced a new feature called bunq +1, which means premium users...

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London Unicorn FinTech Revolut Rolls Out In The US 
London Unicorn FinTech Revolut Rolls Out In The US 
March 24, 2020  |  Digital Banking

London-headquartered FinTech Revolut is launching its app-based digital-only bank in the U.S. after attracting more than 10 million customers across Europe and the U.K. U.S....

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Will Consumers Warm To Subscription Banking?
Will Consumers Warm To Subscription Banking?
March 13, 2020  |  Banking

The era of “challenger” banks has seen many grand promises in terms of innovating on the old banking model to provide consumers with something more...

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US Challenger SMB Bank NorthOne Lands VC
US Challenger SMB Bank NorthOne Lands VC
March 10, 2020  |  B2B Payments

A new challenger bank in the U.S., NorthOne, has raised $21 million in a Series A funding round, according to a release.  While fairly common...

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What Open Banking Means For China, Challenger Banks And SMBs
What Open Banking Means For China, Challenger Banks And SMBs
February 27, 2020  |  B2B Payments

Small businesses continue to embrace digital banking. At the same time, digital banks are looking to capitalize on their growing small and medium-sized business (SMB)...

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Starling Debuts Unsecured Business Loans, Ups Overdraft Limits
Starling Debuts Unsecured Business Loans, Ups Overdraft Limits
January 13, 2020  |  B2B Payments

U.K. challenger bank Starling Bank continues to revamp its small business lending strategy with the launch of proprietary SMB loan services, the company announced on...

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US Backers Rain Money On Savvy Startups 
US Backers Rain Money On Savvy Startups 
January 07, 2020  |  Startups

Despite headline-grabbing startup debacles, U.S. investors are still hot to bankroll up-and-coming companies like challenger bank Chime, The Financial Times (FT) reported on Tuesday (Jan....

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