In Latin America, where roughly 70 percent of the population is unbanked due to traditional banks’ stringent KYC requirements, digital-only challenger banks see an opportunity...
Challengers. Neobanks. Upstart institutions. Alternative banks. These newcomers to the financial services landscape go by many names, and have gained popularity, especially among younger users,...
Yet another challenger bank is slated to launch in the U.K. Diaspora, based in London, has trade finance at the center of its operations as...
The U.K. challenger banking market saw a flurry of venture capital (VC) activity this week, as FinTech firms aim to disrupt small business (SMB) financial...
U.K. challenger bank Countingup is adding invoicing services to its suite of offerings for small and medium-sized businesses (SMBs), the company announced Wednesday (Jan. 9)....
A bipartisan group of U.S. senators has expressed concerns that FinTech startup Robinhood is not being transparent about its cash management service. After announcing a checking...
San Francisco-based FinTech company Square, known for its white card readers, has once again decided to become a banking establishment, according to a report in...
Australian challenger bank Judo Capital has chosen VERMEG, a leading banking and insurance software solution company, to meet its Australian Prudential Regulation Authority (APRA) reporting requirements...
Robinhood, the FinTech that garnered a lot of attention last week after announcing a checking and savings product with 3 percent interest, has retreated from...