Tag: Challenger bank
FinTech veterans to bring neobank JinglePay to the Middle East
Dubai-based Jingle Pay is a new challenger bank that has announced plans to change the banking world for millennials in the Middle East.
Environmentally friendly-focused neobank Aspiration closes $135m Series C
US neobank Aspiration has scored $135m in its Series C round to help it provide its customers with more financial products and services.
Monzo CEO steps down to become company president
Tom Blomfield has swapped his CEO title for a president role at Monzo as the challenger bank is dealing with COVID-19 fallout.
Why indó’s founders aim to create “the least powerful bank in...
On the back of closing a €1m seed round, Icelandic challenger bank indó is almost ready to go live.
Chime runs 60% of the US digital banking market
Revolut, N26 and Monzo might have entered the US over the years to some extent, but Chime is still dominating the country’s digital bank market.
N26 extends its Series D round with another $100m
German challenger bank N26 has extended its Series D round with another $100m to strengthen its position in the days of COVID-19.
How bunq became one of Europe’s leading challenger banks without raising...
bunq’s founder is considering a US expansion and hints at making the challenger bank’s first funding round ever. But first, Ali Niknam must overcome Brexit and the coronavirus.
Starling Bank approved as a coronavirus crisis lender to help UK...
The British Business bank has approved UK challenger bank Starling Bank as a lender under the government-backed Coronavirus Business Interruption Loan Scheme (CBILS).
bunq launches new SuperGreen initiative and commits to planting a new...
Dutch neobank bunq has introduced a new subscription option where customers can opt to have one new tree planted for every €100 they spend with any bunq card.
Icelandic challenger bank indó closes funding round
Icelandic challenger bank Indó has secured €1m in its seed funding round, as it progresses with its banking license application.