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UK challenger banks: who’s who (and what’s their tech)

UK challenger banks: who is who

With so many new entrants trying to muscle into the UK banking sector, Banking Technology has put together a comprehensive list of the known challengers to date and the technology they are using. We’ll be revisiting and updating this list on a regular basis. If you have any additions to the list, please get in […]

New name in the UK challenger bank space – ClearBank

UK flag

The bustling UK challenger bank scene has grown by another addition, ClearBank. It is a brainchild of Nick Ogden, founder and former CEO of WorldPay.

Top ten fintech features in 2016

digital

Look back at some of the top-read feature articles on all matters fintech published by Banking Technology in 2016.

Digital bank for migrants and expats, Monese, raises $10m

Digital bank Monese coming to Europe

Monese, a mobile-only bank founded by Norris Koppel, an Estonian expat in London, has raised $10 million in Series A funding round as it looks to go pan-European.

UK retailer House of Fraser to invest up to £35m in challenger bank Tandem

House of Fraser to invest in challenger bank Tandem

A UK-based challenger bank, Tandem, will start offering financial solutions to customers of retailer House of Fraser in 2017. As part of the collaboration agreement between the two companies, House of Fraser will invest up to £35 million in Tandem.

Challenger bank: Starling – purple reigns

Starling

UK challenger bank Starling talks about finding its niche and how it intends to prosper in an increasingly competitive space – all in preparation for its 2017 launch.

Top fintech stories this week – 16 December 2016

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Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

New UK challenger bank Masthaven opens digital doors

Masthaven

New UK retail challenger bank, Masthaven, has launched – offering savings and lending products. As Banking Technology reported in April, Masthaven got its UK banking licence and implemented a new core system. A domestic vendor, DPR Consulting, is providing its front-to-back office retail banking platform. The software itself is a new development, with Masthaven being […]

Tandem Bank calls for first customers

Tandem

Digital banking start-up Tandem has started inviting its community of 10,000 “co-founders” to be its first customers. Tandem was formed in 2014 and is accessible online, via an app and through a UK call centre. It got its banking licence in November 2015 and says its focus is on helping people manage their money rather […]

UK bank challenger Monzo raises £4.8m in latest funding round

business concept success businessman flying money

Mobile-only challenger bank Monzo has raised £4.8 million in an “interim” funding round led by Passion Capital. The bank is now valued at £50 million (in February this year it was valued at £30 million).

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