challenger banks

UK’s CMA Warns Monzo Not to Inhibit Current Account Holders Switching Accounts

UK’s CMA Warns Monzo Not to Inhibit Current Account Holders Switching Accounts
UK’s CMA Warns Monzo Not to Inhibit Current Account Holders Switching Accounts
July 28, 2022  |  Banking

Financial transaction records can act as important evidence when securing a loan or mortgage, and U.K. banks are legally obliged to provide this information to...

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Upgrade Offers OneCard for Single Platform Budgeting, Rewards
Upgrade Offers OneCard for Single Platform Budgeting, Rewards
July 27, 2022  |  Banking

Challenger bank Upgrade is launching OneCard, a new product that provides users with a single card for daily expenses and making payments over time. Get...

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Stripe, SoFi and Robinhood Alums Launch Gen Z Neobank Uprise
Stripe, SoFi and Robinhood Alums Launch Gen Z Neobank Uprise
July 13, 2022  |  Banking

Uprise, a FinTech which aims to help Gen Z manage money in a “digital family office,” has launched after raising $1.4 million in a seed...

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EMEA Neobank Weekly: Newcomers Seek to Differentiate as UK Grants Fresh Licenses
EMEA Neobank Weekly: Newcomers Seek to Differentiate as UK Grants Fresh Licenses
July 03, 2022  |  Banking

In this week’s EMEA neobank news, the U.K is set to get two new neobanks as both Ashman and Kroo are granted licenses. Get the...

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Crypto Capabilities Bring Engagement, Revenue and New Users to Neobanks
Crypto Capabilities Bring Engagement, Revenue and New Users to Neobanks
June 29, 2022  |  Cryptocurrency

By the end of the year, more than half of the 10 largest neobanks will be offering clients cryptocurrency products. Get the Full Story Complete...

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UK Digital Bank Starling Hits £2.5B Valuation
UK Digital Bank Starling Hits £2.5B Valuation
April 26, 2022  |  Banking

U.K. digital bank Starling has seen its valuation double to over £2.5 billion ($3.15 billion), the Financial Times reported Tuesday (April 26). Get the Full...

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Revolut Looks to Expand to Crypto Wallets, Mortgages
Revolut Looks to Expand to Crypto Wallets, Mortgages
April 26, 2022  |  Banking

Banking app Revolut wants to expand into the mortgage sector and cryptocurrency wallets, the company’s chief executive said Tuesday (April 26). Get the Full Story...

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Chetwood CEO Calls Open Banking ‘Disappointing,’ Regulation Key to Neobank Success
Chetwood CEO Calls Open Banking ‘Disappointing,’ Regulation Key to Neobank Success
March 29, 2022  |  Legal & Regulation

The U.K. is widely considered a leader in the implementation of open banking, the regulation mandated by the European Union’s Revised Payment Services Directive (PSD2)...

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