Tag "challenger banks"
Top 20 Neobanks of 2020
Fintech intelligence startup WhiteSight has released its selection of 2020’s top 20 neobanks based on growth and valuation. The list features 20 independent digital banking companies from Europe as well as North and South America which made notable strides last
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Digital Banking Champions Lead in UX, Functionalities and Ecosystem Building
So-called digital banking champions are delivering the best UX in account opening, transfers and buying a credit product. They are also leading their peers in products and personal finance management, as well as in expanding their digital functionalities to provide
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Platform-Based Banks More Profitable, Agile than Traditional Financial Institutions
In the age of disruption and increased competition from tech players, the traditional banking model is rapidly becoming outdated. For banks and financial companies, platformification is emerging as the most fitting strategy to maximized results, enabling greater agility and personalization.
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Which Fintech Sectors Will Gain From COVID-19?
Like other sectors, fintech funding has been hit hard by the COVID-19 pandemic and the resulting economic turmoil, with investment down during the first months of 2020. However, the long-term impact of COVID-19 will differ across segments, with sectors including
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New Report Sheds Light on Booming Challenger Bank Market
The challenger bank trend first emerged in Europe and has progressively gained traction in all parts of the world. Today, challenger banks are growing significantly and attracting big money. According to FT Partners’ newly released The Rise of Challenger Banks:
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14 Hottest Digital-First Challenger Banks by Country in Europe
Europe has been the bright spot for challenger banks and neobanks over the past decade. Since 2011, European neobanks’ customer base has grown by more than 15 million, according to a research by AT Kearney. It’s projected that by 2023,
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Digital-First Challenger Banks from the UK- The List
In the UK, digital-first challenger banks have taken the banking industry by storm. In the next year, digital challenger banks will have a combined customer base of 35 million, tripling their customer bases of 13 million people today, according to
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European Challenger Banks Struggle to Turn a Profit: Research
Though challenger banks have attracted a collective customer base of over 200 million customers, many of them are still not profitable, according to a new research by Amsterdam-based Fintech Consultancy Group (Fincog) which analyzed over 150 challenger banks worldwide. Fincog,
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Meet 7 Newest Fintechs to Join the Unicorn Club in 2019
In the 2nd quarter of 2019, fintech funding topped US$8.3 billion, bringing the first half 0f 2019 global fintech funding to US$15.1 billion, according to CB Insights’ Global Fintech Report Q2’2019 report. The quarter saw a record of 25 mega-rounds
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Fintech and Banking Solutions for Freelancers and Digital Nomads
Fintech startups are coming up with ingenious solutions to serve freelancers and small businesses around the world that work internationally and demanding sophisticated, yet affordable digital banking solutions. For frequent travelers or digital nomads who spend most of their time
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