Tag: Challenger Banks

Digital challenger bank Monzo has blasted through its £2.5m crowdfunding target in less than four hours of opening pre-registration for the campaign.

Challenger bank Tandem is set to receive a £35m investment form UK department store firm House of Fraser.

The app-only bank has already closed £19.5m in a Series B round led by Thrive Capital and plans to raise a further £2.5m through crowdfunding.

Spanish banking giant BBVA is further increasing its stake in Durham, UK-based challenger bank Atom Bank as part of the company’s new £250m round.

N26 is making good us of Apple’s latest update to its iOS mobile operating system that gives developers access to its voice activates assistant Siri.

Atom Bank, a UK-based challenger bank backed by Spanish finance giant BBVA, plans to raise ?100m ($131m) in the first quarter of 2017.

UK challenger bank Mondo plans to raise a further £15m ($19.4m) to £20m ($26m) as it seeks to have the restrictions on its newly awarded banking licence lifted.

UK challenger bank Mondo has received a banking licence from UK regulators.

UK challenger bank Mondo has passed a new milestone with more than £20m ($26m) spent through its service to date.

German online bank Fidor Bank has been acquired by Groupe BPCE, France's second-largest banking group. The price of the deal is undisclosed.