Tag: Challenger bank

UK challenger bank OakNorth is reportedly in the process of preparing a secondary offering to enable investors to cash in on their holdings, according to Sky News.

Dubai-based Jingle Pay is a new challenger bank that has announced plans to change the banking world for millennials in the Middle East.

US neobank Aspiration has scored $135m in its Series C round to help it provide its customers with more financial products and services.

Tom Blomfield has swapped his CEO title for a president role at Monzo as the challenger bank is dealing with COVID-19 fallout.

On the back of closing a €1m seed round, Icelandic challenger bank indó is almost ready to go live.

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.

German challenger bank N26 has extended its Series D round with another $100m to strengthen its position in the days of COVID-19.

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.

The British Business bank has approved UK challenger bank Starling Bank as a lender under the government-backed Coronavirus Business Interruption Loan Scheme (CBILS).

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.