Tag: Challenger bank

Toronto-based mobile banking startup XTM has announced it will begin shipments and installations in early October of its new so-called Reverse ATMs to large venues and stadiums across North America.

Despite Covid-19 and Brexit, challenger bank OakNorth claims to have been able to avoid many of the hurdles other neobanks have faced.

UK challenger bank Starling Bank has launched a new online banking option for its personal and joint bank account customers that will enable them to manage their financial from a computer as well as on their smartphones.

Having responded to media speculation about an upcoming deal, Tinkoff has revealed that it has inked an agreement with Russian tech giant Yandex to allow the later to buy the neobank in a $5.48bn deal.

By postponing its launch to 2021, Zenus Bank has joined the number of challenger banks forced to shift their focus because of the coronavirus.

Barely a month after Revolut's COO left, the challenger bank's head of compliance has now joined the growing list of top executives abandoning the neobank.

FinTech startup Jiko has acquired Mid Central National Bank in a deal that is the first of its kind.

Digital banking platform Chime has raised up to $200m in a new funding round, according to a new US Securities and Exchange Commission filing.

Neon Pagamentos, a Brazilian neobank, has closed its Series C round on $300m as it looks to build new features.

After having doubled its losses in the last year, challenger bank Monzo has now announced that it will add two new fees by the end of October.