Tag: Challenger bank

Singapore-based FinTech Atlantis is launching a challenger bank in India in order to tap into the global $15.7bn millennial banking industry.

Digital bank for teens Copper Banking has secured $4.3m in its seed funding round, which was led by PSL Ventures.

Finndon, a new UK-based challenger bank looking to launch next year, has reportedly raised £2m from its founders.

Fintech Finnu has secured $800,000 investment to give loans for phones to customers in Latin America.

Challenger bank Monument has revealed that it is in the later stages of an application process to get a UK banking licence in order to launch a service for affluent clients.

US challenger bank Chime has launched a new type of payment card to help millennials establish a credit history in a time when many young customers don't have one.

Dutch online bank Knab prides itself on supplying a human service backed by the latest technology. To that end, it has just teamed up with biometrics company iProov.

UK neobank Revolut has announced that its standard, Premium and Metal customers can now access silver through the Revolut app.

New alternative business banking platform Zeller has reportedly raised AUD $6.3m in a funding round as it aims for a 2021 launch.

UK challenger bank Monzo has reportedly suffered a down round, resulting in its valuation dropping down from $2bn to $1.24bn.