challenger banks

UK Neobank Starling Profits Soar 55% for Third Year in the Black

UK Neobank Starling Profits Soar 55% for Third Year in the Black
UK Neobank Starling Profits Soar 55% for Third Year in the Black
June 12, 2024  |  Banking

Starling has just finished its third profitable year amid plans to expand its software operations. Get the Full Story Complete the form to unlock this article...

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Metro Bank Secures $1.1 Billion From Investors
Metro Bank Secures $1.1 Billion From Investors
October 08, 2023  |  Banking

England’s Metro Bank has reportedly secured $1.1 billion from investors following a rocky week. Get the Full Story Complete the form to unlock this article and...

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UK Launches FinTech Fund Backed by Mastercard and Barclays
UK Launches FinTech Fund Backed by Mastercard and Barclays
August 16, 2023  |  Startups

The United Kingdom has taken a significant step to bolster its position as a global FinTech investment hub by launching a £1 billion investment fund,...

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Banks Cut Neobanks’ First Mover Advantage on Fees and Tech
Banks Cut Neobanks’ First Mover Advantage on Fees and Tech
October 21, 2022  |  Banking

In business, sometimes, the strategy is to be first — jumping into markets with new products and services, striving to capture consumers’ mind share, wallet...

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Digital Lenders Flood UK Mortgage Market as Battle Against Incumbents Grows
Digital Lenders Flood UK Mortgage Market as Battle Against Incumbents Grows
October 06, 2022  |  Banking

As U.K. consumers become ever-more open to digital banking, the range of services offered by digital-first banks has been expanding to meet that demand. But...

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Banking License Puts Profitability Within Reach for UAE Neobanks
Banking License Puts Profitability Within Reach for UAE Neobanks
October 03, 2022  |  Banking

If the Middle East was late to the neobank party, the United Arab Emirates, at least, is making strides toward the future of digital banking....

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UK Parliamentary Group Calls for ‘New Big Bang’ as Part of Neobank Regulatory Overhaul
UK Parliamentary Group Calls for ‘New Big Bang’ as Part of Neobank Regulatory Overhaul
August 31, 2022  |  Banking

In the U.K. political system, all-party parliamentary groups (APPG) consist of multi-partisan collaborative panels that bring together members of both houses to investigate important issues...

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UK Challenger Bank Zopa Reaches £2B Deposits Mark
UK Challenger Bank Zopa Reaches £2B Deposits Mark
August 25, 2022  |  Banking

U.K. challenger bank Zopa reported Thursday (Aug. 25) that its deposits now total more than £2 billion, driven by its offer to help customers do...

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