Tag: Challenger bank

Klar, a Mexico-based challenger bank, has raised $57.5m in a round comprised of seed funding and debt financing.

Neobank for the emerging markets FairMoney has reportedly raised €10m in a Series A funding round.

Alba is a new UK-based challenger bank that is looking to launch in 2020. As part of its push, it has now teamed up with banking software company Temenos.

Czech-founded challenger bank Twisto has just announced that it has raised €14m as part of its Series B round.

Mobile point of sale (POS) platform SumUp has teamed up with UK challenger bank Starling Bank to support faster payouts to SMEs in the UK.

Challenger bank Zenus Bank has been permitted to act as a bank, taking it one step closer to its stated goal of enabling remote banking access for people around the world.

Joust Labs, a US challenger bank focused on freelancers and entrepreneurs, has closed its seed round on $2.6m.

Challenger bank Starling is set to reach one million accounts and £1bn in deposits by the end of the year.

Launched in 2018, Judo Bank just closed a A$400m ($270.62m) round, bringing the total amount invested into the neobank to A$540m ($365.34m).

KOHO, the Canadian challenger bank, has announced a new cashback programme and a new merchant-specific rewards.