Tag: Challenger bank

WeLab secures $75m in Series C1 round led by Allianz to...

Hong Kong-based FinTech unicorn WeLab raised $75m in new Series C1 funding round led by Allianz.

OakNorth Bank provides ?4.4m coronavirus loan to Beulah Vista Caring Home

Challenger bank OakNorth Bank has completed a ?4.4m Coronavirus Business Interruption Loan Scheme (CBILS) loan to complete the development of a care home.

Dave becomes third most valuable challenger bank in the US after...

American challenger bank Dave has received a $100m credit facility from Victory Park Capital.

Latin American neobank Nubank more than doubles valuation to reach a...

Latin American challenger bank decacorn Nubank has reportedly more than doubled its valuation to reach an eye-watering $25bn.

Orange Bank acquires challenger bank Anytime

Orange Bank has bought French neobank Anytime to scale up its commercial reach and enhance its range of solutions for professionals and SMEs.

Oxygen breathes new life into its product development on the back...

Digital banking platform Oxygen has collected $17m in its Series A funding round, which will help it build new banking products.

Current becomes the first FinTech to receive second stimulus payment from...

Challenger bank Current claims to be the first FinTech company to receive a second stimulus payment from the US government.

Australian challenger bank Judo Bank increases its valuation to $1.6bn after...

Australian challenger bank has reportedly reached a $1.6bn valuation after the close of a $140m funding round.

HMBradley picks up $18.25m in Series A round

Having officially launched earlier this year, new neobank HMBradley has now secured $18.25m in a Series A funding round.

Italian neobank illimity announces €13.2m in profits in third quarter

Italian challenger bank illimity has reported a 31% jump in profits in the third quarter compared to the second one this year.

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