Tag: Challenger Banks

NorthOne is the latest US challenger bank to raise funds this...

Continuing the streak of US challenger banks closing funding in 2020, NorthOne has collected $21m in its Series A round.

Australian FinTechs divided as regulators allow screen scraping

Screen scraping may be on the way out in Europe, but Australian regulators see no reason to ban it just yet.

Challenger banks drive digital banking rise

The popularity of challenger banks have helped to drive the use of digital banking services, a new study from Juniper Research claims.

Neobank Nubank launches in Mexico to tap into the country’s unbanked...

Brazilian challenger bank Nubank is officially live in Mexico. The company is now offering its Nu credit cards too users over the age of 18.

Challenger bank Kakao Bank introduces stock trading services with brokerage firm...

South Korean digital bank Kakao Bank has unveiled a new stock trading feature for its customers on its mobile app. The new service is launched...

Former Google-engineer’s startup Thought Machine raises $83m in Series B round...

Thought Machine, the cloud native core banking technology firm, has raised $83m to fund its global expansion plans and strengthen its services.

OakNorth Bank founder Rishi Khosla reveals how the challenger bank became...

The UK is often hailed as frontrunner when it comes to challenger banks. However, only one of the leading brands has become profitable.

What can FinTechs learn from Revolut’s attempt to hijack a Monzo...

Hijack marketing is not something new, but as one of Revolut’s latest stunts shows, it is not something FinTechs should embark on lightly

UK challenger banks like Revolut, Monzo and Starling Bank almost tripled...

While British neobanks gained six million new customers in the last six months of 2019, losses and the looming threat of big tech are issues they still need to take seriously.

Revolut hijacked a Monzo Twitter thread and things got weird really...

When Monzo asked its Twitter followers what feature they would like to add, Revolut replied, “Auto-switch to Revolut button.” Then all hell broke loose.

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