Tags Challenger Banks

Tag: Challenger Banks

US neobank Current bags $131m as it eyes further growth

Challenger bank Current has secured $131m in a Series C funding round led by Tiger Global Management to work towards making the financial lives easier for its users.

Starling Bank reaches profitability as it eyes European expansion

UK-based neobank Starling has just cut even and expects to remain profitable as it plans to roll out its services across Europe.

Challenger bank AideXa bags €45m in new funding

Italian neobank AideXa has secured €45m in seed capital to create a FinTech company focused on small businesses.

Freelancer banking app Lili nets $15m just months after former round

Lili, a mobile banking platform for freelance workers, has secured a $15m investment, coming just a matter of months after its seed round.

Revolut’s latest give is the launch of a new subscription feature

Having made several initiatives recently to better position itself in the market, UK challenger bank Revolut is now launching a new subscriptions feature to give customers more control over their recurring expenditure.

Mobile banking app Fundall closes its pre-seed on $150,000

Nigeria-based Fundall, a mobile banking platform, has closed its pre-seed funding round on $150,000 to support its launch.

Global WealthTech investment bounced back in Q3 to hit highest level...

WealthTech companies raised $2.8bn in the third quarter of 2020 across 111 transactions, a five-quarter high for deal activity.

Revolut rumoured to soon apply for California banking licence

UK-based challenger bank Revolut is reportedly on the cusp of applying for a banking licence in California.

How incumbents can beat the rising threat of challengers

It is easy to assume financial incumbents will be around forever, as many have shown their resilience for hundreds of years; however, a new series of presentations from Nucoro show the threat to them is real.

Revolut’s business customers can now get metal cards

Having already offered metal cards for personal accounts, UK neobank Revolut has now launched metal cards for business customers.

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