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Challenger bank OakNorth Bank has completed a £4.4m Coronavirus Business Interruption Loan Scheme (CBILS) loan to complete the development of a care home.
Challenger bank Fair has closed a $20m investment round and announced that it will open early bird membership enrolment in March as it eyes April launch.
American challenger bank Dave has received a $100m credit facility from Victory Park Capital.
Latin American challenger bank decacorn Nubank has reportedly more than doubled its valuation to reach an eye-watering $25bn.
Digital banking platform Oxygen has collected $17m in its Series A funding round, which will help it build new banking products.
Challenger bank Current claims to be the first FinTech company to receive a second stimulus payment from the US government.
Australian challenger bank has reportedly reached a $1.6bn valuation after the close of a $140m funding round.
Italian challenger bank illimity has reported a 31% jump in profits in the third quarter compared to the second one this year.