Challenger Bank Valuation Could Top $550bn by 2027

A new report by Facts and Factors Market Research says the challenger bank market could top $500bn by 2027; this would equal a compounded annual growth rate of 46.5 percent from 2019 to 2027; this is the latest in a series of recent reports that show the continued growth of digital only banks over the course of the next 5 to 10 years; traditional banks are also creating digital friendly tools but the challenger bank market is beginning to show the signs of long term viability. Crowdfund Insider

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