challenger banks

Ex-Google Head’s Neobank INDmoney Raises $75M Series D
Ex-Google Head’s Neobank INDmoney Raises $75M Series D
January 18, 2022  |  Investments

Digital bank and wealth management platform INDmoney raised $75 million in a Series D funding round led by Steadview Capital, Tiger Global and Dragoneer, according...

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Ending The ‘Square Peg, Round Hole’ Small Biz Banking Problem
Ending The ‘Square Peg, Round Hole’ Small Biz Banking Problem
January 18, 2022  |  SMBs

Small business banking suffers from a “square peg, round hole” problem. Michael Rangel, CEO of challenger bank Novo, told PYMNTS’ Karen Webster that small- to...

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Ingo Money: 2021 Was the Year of Issuing
Ingo Money: 2021 Was the Year of Issuing
January 14, 2022  |  Opinion

The changing world of payments in 2021 led to a surge in new accounts, as companies ranging from FinTechs to insurance providers looked for ways...

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Ireland’s Synch Payments Facing Probe From Ireland’s Competition Watchdog
Ireland’s Synch Payments Facing Probe From Ireland’s Competition Watchdog
December 10, 2021  |  International

Ireland’s competition watchdog announced Wednesday (Dec. 8) that is launching a full investigation into Synch Payments, a joint venture by AIB, Bank of Ireland, Permanent...

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Starling Bank Buys Fleet Mortgages In $69.1M Deal
Starling Bank Buys Fleet Mortgages In $69.1M Deal
July 26, 2021  |  Partnerships / Acquisitions

London-based Starling Bank has announced its first acquisition, buying 7-year-old Fleet Mortgages in a cash and share deal worth 50 million pounds, or about $69,114,700....

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Rampant Check Fraud Problem Puts The Challenge In Challenger Banks
Rampant Check Fraud Problem Puts The Challenge In Challenger Banks
July 26, 2021  |  Security & Fraud

What is a bank? Seems like a simple enough question, but in an era of digital-only challenger banks with lofty valuations and purpose-built missions and...

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Deep Dive: How Digital Trends Have Defined CUs’ Moves In 2020, And How They Will Continue To Do So
Deep Dive: How Digital Trends Have Defined CUs’ Moves In 2020, And How They Will...
December 30, 2020  |  Credit Unions

The ongoing pandemic has forced credit unions to pivot toward digital processes as members and businesses alike tackle more of their banking-related activities remotely. Many CUs found themselves quickly...

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Aeldra Taps i2c To Enable Global Banking Services
Aeldra Taps i2c To Enable Global Banking Services
December 16, 2020  |  Digital-First Banking

California-based challenger bank Aeldra has chosen i2c Inc. to fuel its digital private banking services. The mobile bank, which was started by neo bank veterans, is seeking...

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Freelance-Worker Banking App Lili Sees 700 Pct Boost During Pandemic
Freelance-Worker Banking App Lili Sees 700 Pct Boost During Pandemic
November 12, 2020  |  Digital-First Banking

Many businesses have benefited from the digital shift and lifestyle changes brought on by the coronavirus, but few have seen the kind of growth that...

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