challenger banks

Challenger Bank Praxia Fails In Greece
Challenger Bank Praxia Fails In Greece
January 28, 2020  |  B2B Payments

Greek challenger bank Praxia, founded by British-American banker and former Barclays CEO Bob Diamond, will be sold to payments processor Viva Wallet after the country’s...

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B2B Neobank Qonto Gets $115M In Series C Round
B2B Neobank Qonto Gets $115M In Series C Round
January 21, 2020  |  B2B Payments

Qonto, a French startup Neobank that caters to B2B clients, has raised $115 million in a Series C funding round led by DST Global and...

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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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Google Pay Co-founders’ Indian Neobank Has Raised $13.2M
Google Pay Co-founders’ Indian Neobank Has Raised $13.2M
January 13, 2020  |  Banking

Two co-founders of Google Pay in India have raised $13.2 million in a Seed funding round for its neo-bank epiFi, led by Sequoia India and...

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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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Judo Bank Adds InfraRisk Tech To Bolster SMB Lending
Judo Bank Adds InfraRisk Tech To Bolster SMB Lending
January 06, 2020  |  B2B Payments

Australia challenger bank Judo Bank has announced a collaboration with credit management Software-as-a-Service (SaaS) provider InfraRisk to bolster its small business lending operations. A press...

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PSD2 And The Turkish Banking Opportunity
PSD2 And The Turkish Banking Opportunity
January 03, 2020  |  Legal & Regulation

FinTechs see PSD2 as an opportunity to get a leg up with legacy banks. That will be tough in Turkey, where banks have had more...

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Ex-Barclays Head To Launch Crypto-Friendly Digital Bank
Ex-Barclays Head To Launch Crypto-Friendly Digital Bank
January 02, 2020  |  Cryptocurrency

The former head of technology at Barclays, Mark Hipperson, is launching a digital bank called Ziglu that will serve both crypto and fiat accounts, according...

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Metro Bank Struggles To Find A Buyer
Metro Bank Struggles To Find A Buyer
December 27, 2019  |  B2B Payments

U.K. challenger financial institution Metro Bank is struggling to find a buyer as potential suitors are turned off by the bank’s expensive business model, the...

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