Tag: Challenger Bank

Virtual banks set to go live in Hong Kong

July 24, 2019

As part of the Hong Kong Monetary Authority’s (HKMA) initiative to usher in a new era of Smart Banking, the next 12 months will see the first batch of virtual banks receive licences and commence operations in the city,...

N26 rises to one of Europe’s most valuable Fintechs

July 19, 2019

● N26 extended its Series D funding to $470m ● The Mobile Bank is now valued at $3.5bn, making it one of Europe’s most valuable startups ● Existing investors reaffirm their trust in N26’s vision through additional inves...

Direct Line Group partners with digital bank Starling

July 5, 2019

Starling Bank customers can apply for Churchill Home Insurance in-app providing seamless access to insurance. June 2019: Direct Line Group has partnered with the UK digital bank, Starling, to allow current account cu...

N26 crosses the mark of 3.5 million customers

July 5, 2019

Berlin, June 13, 2019 - N26 now serves 3.5 million customers in 24 European markets who execute 16 million transactions per month, which equals around 400 transactions per minute, with a volume of over € 2bn per month....

Revolut reveals its latest European target

January 11, 2019

Revolut's European Target  With the market nearing saturation point, many challenger banks are becoming satisfied with breaking even at the end of year, but not London’s favourite fintech app. Despite a European custo...

Will Nubank become the top challenger in Latin America?

October 10, 2018

Nubank suddenly seems poised to become SA's most popular challenger. The Brazilian start-up Nubank specialized in financial services completed a fund raising with Chinese giant Tencent which closed at $180 million. To ca...

N26 takes on the UK market

October 4, 2018

N26 European Challenger Bank takes to UK market The wildly popular German fintech opened its online bank in the UK this Thursday. Founded in 2013 by two Austrians, the Berlin-based startup backed by Chinese giant Tencen...

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