Tags Challenger bank

Tag: Challenger bank

UK challenger bank Atom nets ?30m

UK challenger bank Atom bank has held off its floatation after raising ?30m in equity from BBVA, Toscafund and Infinity Investment Partners.

Starling Bank withdraws Irish banking licence application

UK challenger bank Starling Bank has reportedly scraped plans to launch in Ireland after withdrawing its application for an Irish banking licence.

Iceland’s first challenger bank indó launches from stealth

Icelandic FinTech company indó has launched from stealth after the close of its seed round on $4.5m. This is the first challenger bank to emerge...

UK challenger bank Bank North ends crowdfunding

Bank North, a UK-based challenger bank, has closed its latest crowdfunding campaign on £2.2m, surging past its initial target of £1.3m.

Monzo launches to the US public

UK challenger bank giant Monzo has moved out of its closed beta and opened to all customers in the US.

Monzo’s valuation hits $4.5bn as it bounces back from 2020

UK digital bank giant Monzo has reached a $4.5bn valuation after it recovers from its slump in 2020.

Zopa on track to be fastest digital bank to reach profitability...

UK challenger bank Zopa has secured £220m in funding, as it edges closer to becoming profitable.

N26 closes largest financing of a European digital bank

German digital bank N26 has reached a $9bn valuation, following the close of a $900m investment round, which it claims to be the largest financing of a digital bank in Europe.

Neobank Fair secures $20m investment as it eyes April launch

Challenger bank Fair has closed a $20m investment round and announced that it will open early bird membership enrolment in March as it eyes April launch.

Challenger bank lending continues to climb with 11% uptick in 2020

Research by accountancy and advisory business BDO has found lending by challenger banks in 2020 reached a record high of £143bn – a hike of 11% on 2019.

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