Tag: Monzo

Financial institutions individually spent over €50m on open banking last year

From: RegTech Analyst Open banking may have divided market stakeholders about how successful the initiatives have been so far, but that hasn't stopped financial firms...

Monzo CEO steps down to become company president

Tom Blomfield has swapped his CEO title for a president role at Monzo as the challenger bank is dealing with COVID-19 fallout.

Starling’s founder responds with lighthearted humble brag to TransferWise CEO’s Twitter...

Humble brags and low key trolling are some of the ingredients of a small Twitter spat between the leaders of two of the UK’s leading FinTech companies.

Chime runs 60% of the US digital banking market

Revolut, N26 and Monzo might have entered the US over the years to some extent, but Chime is still dominating the country’s digital bank market.

Global WealthTech investment on track for its worst year since 2017

Investment in the sector is expected to slow down for the remainder of the year as the momentum from record H2 2019 wears off

How bunq became one of Europe’s leading challenger banks without raising...

bunq’s founder is considering a US expansion and hints at making the challenger bank’s first funding round ever. But first, Ali Niknam must overcome Brexit and the coronavirus.

Monzo applies for a banking licence with the US Office of...

The race among UK challenger banks to establish themselves across the pond has got fiercer after Monzo applied for a US banking licence.

Ten challenger banks you really should know about right now

Neobanks are transforming finance around the world. However, some are making bigger waves than others.

WealthTech funding hit $1.7bn in the first quarter as challenger banks...

WealthTech companies raised $1.7bn across 86 deals in Q1 2020 as challenger banks in Europe and Australia raise record amounts of capital The global...

FinTech investment in the UK has grown six-fold since 2015

UK FinTech sector hit a new record for deal activity in 2019UK FinTech companies have raised over $19.5bn across 1,171 transactions since 2015, reaching...

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