Tag: Challenger Banks

Atom Bank, a digital "challenger bank" in the UK, has agreed to a deal with the rapper and producer Will.i.am to act as a consultant. Read more: www.americanbanker.com

Mobile-first Starling Bank released a video today showing off an integration of its API with a Google Home device. Read more: bankinnovation.net

Monzo, one of a number of new digital-only banks in the U.K. aiming to re-invent the current account, is closing in on new Series C funding. Read more: techcrunch.com

The UK Government is proposing a package of measures worth £750m which would transform state-owned RBS into a gateway for challenger banks. Read more: www.finextra.com

UK challenger bank Atom plans to raise almost £100m in equity investment to support its ambitions for growth. Read more: www.bankingtech.com

Consumers still tend to open accounts in branches, but branch traffic overall has fallen, and those realities make the cost of adding customers pricey. Read more: www.americanbanker.com

UK-based mobile banking firm Tide has launched with its business account app for SMEs. Read more: www.bankingtech.com

Starling Bank has become the first digital-only bank to join the Faster Payments Scheme as a direct participant. Read more: www.paymenteye.com

Following an exciting year, which involved an epic Crowdcube campaign and name change, digital bank Monzo shared more details about 2016’s successes. Read more: www.crowdfundinsider.com

London-based mobile banking startup aimed at migrants Monese has picked up $10m in a Series A round. Read more: www.fintechroundup.com