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Tag: banking challenger

Small challenger Jiko reportedly buys Minnesota bank

Jiko, a banking challenger which invests people’s savings into US Treasuries, has bought a national bank, according to CNBC sources. The deal sees it...

Swiss challenger Neon lands $5.5m, bags new investor in Helvetia

Neon, a Swiss banking challenger, has landed €4.6 million ($5.5 million) from new and existing investors. Helvetia, a Swiss global insurance group, is one...

Zopa launches its first fixed-rate savings accounts

Zopa, the peer-to-peer (P2P) lender turned banking challenger, has launched its first fixed-rate savings accounts. The lender’s banking entry makes it the ninth bank...

As Fintech Zopa Launches UK based Bank, Debt Advice Charity StepChange to Provide Free Debt and Money Management Tools to Customers

UK-based StepChange, a leading debt advice charity, reportedly helps more than 600,000 consumers by offering free-of-cost, “impartial” debt advice every year. The company...

“Product-Disruptive” Neobank Developer DayTek Captial in Australia Joins Visa’s Fintech Fast Track Program

DayTek Capital, a company focused on building Australia’s first “product-disruptive” neobank, is the latest firm to join Visa’s Fintech Fast Track program as...

US based Digital Bank Chime Introduces Credit Builder, a Visa Credit Card that Works like a Debit Card, Only letting Users Spend Funds Available...

US-based banking challenger Chime Financial Inc. has introduced a credit card, called Credit Builder, which aims to work somewhat like a regular debit...

Fintech Lanistar, an Alternative Financing Services Provider, to use Jumio’s Biometric ID Verfication for Digital Onboarding

Fintech firm Lanistar, an alternative financial services provider, has reportedly chosen Jumio’s biometric ID verification technology to complete its customer onboarding process. Lanistar is...

ComCard aims to challenge US corporate banking with rewards-based card

A corporate banking challenger has emerged in the United States, as ComCard seeks to provide a rewards-based business card for merchants and small...

Digital Banking: Monzo, Starling, and Revolut Make it Much Easier to Open Accounts, According to a Recent Review

Many large banks in the United Kingdom appear to be falling behind their all-digital competitors when it comes to providing better overall customer...

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