Tag: Challenger Banks

Challenger banks and huge tech titans threaten to take traditional banks' share of the market. Now Backbase believes it might have a solution.

After ending 2019 with being accused of posting fake reviews, Bó is now tapping into influencers’ network to create a buzz.

The 40,000 people on Volt’s waiting list can finally expect to get access to the neobank’s services.

Brazilian challenger bank Nubank has indirectly told off some of its clients for trying to trick the system.

Despite investors growing weary, Chime’s new round proves they still have an appetite to invest huge chunks of cash into the right startup.

Zopa, a peer-to-peer (P2P) lender with the goal of becoming a challenger bank, has secured £140m in funding.

Having already unveiled the ability to set up euro direct debits last year, Revolut has now added the feature to UK pounds.

The UK challenger banking sector is about to get even more crowded with Cato Banking gearing up to launch next year.

The global challenger and neo bank market is set to grow at a compound annual growth rate of 40.4% in the next five years.

HMBradley is the latest US challenger bank to enter the fray, differentiating itself from competitors by offering consumers rewards for positive financial behaviours.