Could Digital Identity Solve the Onboarding Issue for Banks?
With all the digitization efforts (PSD2 went live in January and GDPR will take effect in two days) in the ...
Tag: challenger banks
New Unicorn Revolut Will Use Capital For International Expansion
U.K.-based digital bank Revolut has raised $250 million in a Series C, boosting the company’s valuation to unicorn status. The ...
U.K. Challenger Bank Tandem Rolls Out Savings Accounts
UK digital bank Tandem has released its second banking product, savings accounts which allow users a guaranteed interest rate, the ...
Banks Aren’t Addressing ‘Real, Human Problems,’ Monzo CEO Says
EXCLUSIVE— Banks need to focus on fixing all of the little problems humans encounter in daily life, rather trying to ...
British Challenger Bank Monzo Goes International
First stop - Ireland. The British challenger bank Monzo received approval from Bank of England's Prudential Regulation Authority (PRA) to ...
Monzo in Early Talks With Regulators for U.S. Launch
U.K. challenger bank Monzo is in early talks with regulators about acquiring a license for possible expansion to the United ...
U.K. Challenger Bank Coconut Partners with PrePay Solutions for Freelance Banking
United Kingdom challenger bank Coconut will partner with prepaid cards and services provider PrePay Solutions, or PPS, to enable the ...
Penta, German Challenger Bank, Raises $2.7M of Seed Funding
Berlin-based challenger bank Penta has raised €2.2 million (or $2.7 million) in seed funding, the bank announced today. The funding, ...
Fee-less Challenger Bank Chime Set to Sign 100,000 New Accounts This Month
EXCLUSIVE— Mobile-only bank account Chime hopes to sign 100,000 new accounts on its platform by the end of January 2018, ...
Neobank Monzo to Close Prepaid Card Services in April 2018
British challenger bank Monzo will shut down its prepaid card program in April this year, the bank said on its ...
