Tag: Monzo

Challenger banks Monzo and Starling Bank led the list that provided the best service among the UK's 19 largest personal account providers, according to new research from British regulators.

Last week week saw 28 FinTechs close investment deals. Three sectors in particular proved especially successful.

Credit scoring startup Nordigen has launched a new open banking API to solve the issue of expensive solutions in the market, taking a swing at companies like Tink and Plaid in the process.

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

Despite Covid-19 and Brexit, challenger bank OakNorth claims to have been able to avoid many of the hurdles other neobanks have faced.

A new report from a cross party group of MPs has slammed the UK's regulators for not keeping the neobanks and building societies at the front of mind during the pandemic.

From Monzo's seeing its valuation plummet to Checkout.com becoming one of Europe's most valuable FinTechs, the last week has been full of funding rounds that could cause big waves in the sector.

From regulatory loops to jump through to massive competition, European challenger banks have many obstacle to overcome if they want to expand across the pond.

Open banking may have divided market stakeholders about how successful the initiatives have been so far, but that hasn't stopped financial firms from spending a lot of dosh on it.

The COVID-19 outbreak has forced many FinTechs to have their staff work from home. However, what should these companies consider when encouraging remote working?