The onset of the current crisis has many in the fintech community nervous for what the future holds; some companies...
N26 has shared that they have crossed 5 million customers, up from 3.5 million last summer; in 2019 they added...
There is no question that challenger banks like Revolut, Monzo and N26 have acquired massive amounts of customers; it leads...
Zopa's Jaidev Janardana spoke at AltFi Europe this week on the firm's plans for building a bank; he provides insight in a blog post; the bank will build on Zopa's successful track record in lending with new savings accounts and credit product but the firm will not offer a current account; the UK has been dominant in challenger bank development and the Zopa bank will provide UK customers with another alternative banking option which is currently in high demand in the region; the above chart highlights the competitive advantages Zopa has in the market. Source
A new report by ratings agency Fitch says digital banks could be more vulnerable than traditional banks in the event...
In the UK Revolut has rolled out a peer to peer payments feature called “Near Me” which lets their users...
Digital banking startup Stash has been running virtual stock parties during the quarantine as a means of engaging their user...
Millennials are one of the largest target markets for digital only banks as they attempt to cut into the dominant...
The UK’s banking market has seen a number of new entrants since the financial crisis but it hasn’t been easy...
Challenger banks have been amongst the most popular types of fintech companies with venture capitalists pouring capital into the market;...