Tag: Challenger Banks
Starling to launch Pay by Bank app
Pay by Bank app has announced a partnership with Starling Bank that will launch its market leading mobile payments service to Starling Bank's customers. Read more: www.finextra.com
Starling Bank Developer Portal goes live
Starling Bank today unveiled its much anticipated Developer Portal and took the next step on its roadmap to building out its Marketplace Platform. Read more: www.fintechroundup.com
Monzo gets full UK license, looks to expand to EU
Digital-only bank Monzo just received its full banking license from the United Kingdom. Read more: bankinnovation.net
Monzo closes £22m round with £2.5m in crowdfunding
Challenger bank Monzo has wrapped up its latest funding haul with £22m after raising £2.5m in crowdfunding from 6,500 investors. Read more: www.fintechroundup.com
How tech is shaking up the world of banking
Challenger banks, robo advisors and the internet of things - technology is shaking things up in the traditional banking arena. Read more: techcitynews.com
House of Fraser pulls out of £29m Tandem investment
UK challenger bank Tandem won’t receive £29m of an investment it previously announced from UK retailer House of Fraser. Read more: fintechroundup.com
Atom Bank announces £83m from BBVA with more on the way
The round takes Atom’s total funding to £219m and values the Durham-based company at £261m and gives BBVA a 29.5% stake in the business. Read more: www.fintechroundup.com
Atom Bank grabs £113m more funding from BBVA
Spanish banking giant BBVA is further increasing its stake in Durham, UK-based challenger bank Atom Bank as part of the company’s new £250m round. Read more: www.fintechroundup.com
Monzo crowdfunding round rockets through $2.5m target
Digital challenger bank Monzo has blasted through its £2.5m crowdfunding target in less than four hours of opening pre-registration for the campaign. Read more: www.fintechroundup.com
Monzo banks £19.5m, looks to crowdfund £2.5m more
The app-only bank has already closed £19.5m in a Series B round led by Thrive Capital and plans to raise a further £2.5m through crowdfunding. Read more: www.fintechroundup.com