Tag: Challenger bank

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.

Icelandic challenger bank Indó has secured €1m in its seed funding round, as it progresses with its banking license application.

Australia’s DayTek Capital, which is currently building a new challenger bank, is helping individuals, families and businesses get access to information on the coronavirus pandemic.

US challenger bank One has chosen core banking infrastructure developer Finxact to power its services in a new deal.