Tag: Challenger Banks

Neobanks have reshaped the banking landscape, boasting a customer base jump from 7.7m in 2018 to nearly 20m by the end of 2019 in the UK alone.

UK-based challenger bank Revolut is reportedly on the cusp of applying for a banking licence in California.

From Monzo's seeing its valuation plummet to Checkout.com becoming one of Europe's most valuable FinTechs, the last week has been full of funding rounds that could cause big waves in the sector.

From regulatory loops to jump through to massive competition, European challenger banks have many obstacle to overcome if they want to expand across the pond.

As Covid-19 continues to wreak havoc in the global economy, FinTech companies have continued to raise capital. Here's what the rounds from the past seven days tell us.

From: FinTech Global COVID-19 has plunged financial markets into chaos, but the pandemic also represents both challenges and opportunities for FinTech and RegTech companies as...

Stripe's whooping $600m Series G expansion wasn't the only investment round completed by a FinTech company over the last week.

The last two weeks have seen everything from huge $1bn investments rounds to undisclosed seed rounds. Let's check some of them out.

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

Neobanks in the Nordics may have had a slow start, but things may soon be about to change.