The small business challenger bank sold by Bank of Cyprus for £100m in 2018 has hired advisers to sell a shareholding at a ...

Traditional banks can undercut challenger banks on some features as a loss-leading strategy. The U.S. is a tedious market as you have to get a license in all 50 states to operate across the country.

Investors have taken note that it’s easier to build a challenger bank built now than it was 10 years ago. “We have layers and layers of application programming interface infrastructure, banking as a ...

Challenger banks rose out of the ashes of the Great Recession of 2007. As traditional banks cut investment in technology to deal with new regulations, fintech companies saw an opportunity to fill ...

Still, he says challenger banks are an existential threat to banks. In a research report from June 2021, Rosenblatt Securities estimated that 5% of the U.S. adult population consider a challenger bank ...

Challenger bank Monzo has managed to increase total number of customers over five times in one year, according to Tearsheet - and the reason for this has been put down to referrals.

Emerging market challenger banks will have to look carefully at market conditions, possible target segments, sustainable revenue sources and the regulatory structure that best supports their ...

Challenger banks are newer banks armed with the latest technology and on a mission to attract customers away from the UK’s biggest traditional banks: Barclays, HSBC, Lloyds, NatWest and Santander.

Chetwood Bank has announced the appointment of Rob Pomphrett as the latest non-executive director (NED) to join its Board.

After a turbulent start and with the backing of a new ownership group WealthONE is looking to establish itself as the country ...

Digital challenger bank Chetwood Bank has expanded its range of Fixed Rate savings products with the launch of two new ...

As the UK's big challenger banks – Monzo, Revolut, Starling and N26 – continue to grow in popularity, we're reviewing the services they provide to bring you a comprehensive view of their ...