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How far can ‘challenger’ banks ride FinTech charters?
Fintech, despite all the hand-wringing in recent years, isn't a full competitive threat to banks yet. Read more: www.americanbanker.com
Scaling a challenger bank from the back to the front
Challenger banks start from a pretty grim position – most of them don’t have any customers. So how are they scaling? Read more: www.bankinginnovation.com
Challenger Bank CEO joins FinTech Investor Forum
FinTech Investor Forum is announcing another leading FinTech speaker with challenger bank Starling’s CEO and founder Anne Boden joining the growing line up of influential figures.
Challenger bank Fidor adopts ‘attack formation’
Challenger banks have disrupted the banking sector without actually changing that much to date, , but the acquisition of Fidor Bank by French banking giant BPCE could see real inroads being made. Read more: www.computerweekly.com
Atom Bank plans to raise $131m in funding next year
Atom Bank, a UK-based challenger bank backed by Spanish finance giant BBVA, plans to raise £100m ($131m) in the first quarter of 2017. Read more: www.fintechroundup.com
Banking app Mondo is rebranding to Monzo
London banking startup Mondo has announced that it is changing its name to Monzo after a trademark dispute forced it to rebrand. Read more: uk.businessinsider.com
FinTech’s license to fail
Mondo received a commercial banking license in the UK. But that comes at a price. Read more : www.bloomberg.com
Mondo plans to raise $19m to $26m for full banking licence
UK challenger bank Mondo plans to raise a further £15m ($19.4m) to £20m ($26m) as it seeks to have the restrictions on its newly awarded banking licence lifted.
More than $26m spent through challenger bank Mondo
UK challenger bank Mondo has passed a new milestone with more than £20m ($26m) spent through its service to date.