Tag: Challenger Banks

One, a new US challenger bank which is pitching for a summer launch, has reportedly secured $17m in its Series A round.

While Revolut is still waiting to receive its US banking licence, the challenger bank has hired a 40-year industry veteran to lead its expansion stateside.

Swedish neobank Northmill has repurchased bonds with a nominal value of SEK5.5m (£4.77m). The repurchase concerns the challenger bank’s senior unsecured bonds with a nominal outstanding amount of SEK500m (£41.48m).

European neobanks have taken steps to limit the impact COVID-19 will have on their businesses.

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

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

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

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.

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...

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