Tag: Challenger Banks

Neobanks have reshaped the banking landscape, boasting a customer base jump from 7.7m in 2018 to nearly 20m by the end of 2019 in the UK alone.

Key South American FinTech investment stats in H1 2024: South American deal activity for H1 2024 dropped by 59% in YoY comparison Average deal...

Combined Brazilian banking app downloads reached a total of 860m since January 2017 with incumbent banks having a slight edge over challengers with 441m...

Judo Bank, Australia's pioneering challenger bank with a distinct focus on serving SMEs, has joined forces with Backbase, a renowned provider of the Engagement Banking Platform (EBP).

Cynergy Bank has proudly announced its acquisition of a £20m Tier 2 capital facility from British Business Investments.

A report by cross-border payments firm Currencycloud has examined the recent and future trends related around bundling in financial services.

Research by accountancy and advisory business BDO has found lending by challenger banks in 2020 reached a record high of £143bn – a hike of 11% on 2019.

British banks lead in boardroom technology experience compared to global competitors, Accenture research revealed.

Digital financial institution Rising Bank has expanded into the mortgage sector by offering financial solutions through its digital platform to aid homeowners with home loan options.

It's easy to be taken in by the flashy digital offering of challenger banks, but new research suggests that they may not be as popular as people think.