Tag "challenger banks"

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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Challenger Banks Market is the Hottest Fintech Vertical in Europe

Challenger banks have raised more venture capital than any other fintech vertical in Europe. So far, over US$500 million has been invested into EU digital banks, according to a new report by Frontline Ventures. Titled “Challenger Banks in Europe: Challenge

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Report: Challenger Banks Landscape

External forces from demographic, social, economic and regulatory phenomena have contributed to one of biggest revolution in the banking world: the emergence of challenger banks. Digitally-focused challengers such as Atom, Fidor Bank, Mondo and Starling, have grown significantly in 2015

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