According to a new study by consultancy firm A.T. Kearney the combination of digital only banks and the fact that...
Qwil’s Johnny Reinsch: ‘Our mission is to provide liquidity to SMBs and freelancers around the world’ Nationwide Announces New Partnership...
There is no question that challenger banks like Revolut, Monzo and N26 have acquired massive amounts of customers; it leads...
Revolut has partnered with Trussle to offer mortgage loan solutions for its clients; the partnership is the most recent in a series of partnerships for the digital only bank, adding to lending solutions from lenders Lending Works and Bricklane; Trussle will provide a multi-lender service to Revolut customers through technology that can recommend mortgage loans for first time borrowers and suggest alternatives for current borrowers. Source
Digital banks have been presenting themselves as a more transparent fairer option than the traditional players; what these newcomers are finding is to scale and reach profitability they will need to figure out a way to lend that doesn’t strike the same tone as customers get from their typical bank; Tandem, Monzo, Starling Bank, Revolut and N26 have all started to roll out lending options in a variety of ways by using a tailored data driven approach; figuring out where the balance lies is the key piece if these banks are truly going to disrupt the banking system. Source.
A buyer’s guide to data aggregation Why Freelance Workers Should Be The First To Adopt Blockchain The Biggest Threat To...
Just a month after receiving their long anticipated banking license, digital bank Revolut recently experienced an app failure that left...
Revolut, Robinhood and others have seen a great deal of growth in the last couple of years as consumers have...
Fintech firms, especially digital banks, have captured the attention of investors and the overall financial service market in recent years...
[Editor’s note: This is a guest post from Ryan Weeks, formerly with Dow Jones and AltFi, covering fintech. This is...