Tag: Challenger Banks

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.

Challenger bank Current has secured $131m in a Series C funding round led by Tiger Global Management to work towards making the financial lives easier for its users.

UK-based neobank Starling has just cut even and expects to remain profitable as it plans to roll out its services across Europe.

Italian neobank AideXa has secured €45m in seed capital to create a FinTech company focused on small businesses.

Lili, a mobile banking platform for freelance workers, has secured a $15m investment, coming just a matter of months after its seed round.

Having made several initiatives recently to better position itself in the market, UK challenger bank Revolut is now launching a new subscriptions feature to give customers more control over their recurring expenditure.