Tags Challenger bank

Tag: Challenger bank

Iceland’s first challenger bank indó launches from stealth

Icelandic FinTech company indó has launched from stealth after the close of its seed round on $4.5m. This is the first challenger bank to emerge...

UK challenger bank Bank North ends crowdfunding

Bank North, a UK-based challenger bank, has closed its latest crowdfunding campaign on £2.2m, surging past its initial target of £1.3m.

Monzo launches to the US public

UK challenger bank giant Monzo has moved out of its closed beta and opened to all customers in the US.

Monzo’s valuation hits $4.5bn as it bounces back from 2020

UK digital bank giant Monzo has reached a $4.5bn valuation after it recovers from its slump in 2020.

Zopa on track to be fastest digital bank to reach profitability...

UK challenger bank Zopa has secured £220m in funding, as it edges closer to becoming profitable.

N26 closes largest financing of a European digital bank

German digital bank N26 has reached a $9bn valuation, following the close of a $900m investment round, which it claims to be the largest financing of a digital bank in Europe.

Challenger bank lending continues to climb with 11% uptick in 2020

Research by accountancy and advisory business BDO has found lending by challenger banks in 2020 reached a record high of £143bn – a hike of 11% on 2019.

Atom Bank records £36m operating loss as it continues mission to...

UK challenger bank Atom Bank reportedly experienced an operating loss of £36m in the financial year ending March 2021, down from £46m in the previous year.

bunq said to close €160m round upping its valuation to €1.65bn

Challenger bank Bunq has reportedly closed a €160m funding round, which puts its valuation at €1.65bn.

Vivid Money bags $60m Series B to expand across Europe

Berlin-based challenger bank Vivid Money has raised $60m from a Series B funding round led by Greenoaks.

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