Challenger banks

News and opinion about challenger banks.

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Business lender MarketFinance is gearing up to provide loans to UK businesses as they recover and grow post-pandemic through the

September 21, 2021
Chinese hedge fund ups pay for new starts

Ubiquant, a China-based fund managing $8bn (£5.8bn) of assets, has bumped up starting salaries in a bid to compete with

September 1, 2021

Bank North has secured a banking licence from the Bank of England as it looks to target northern cities with

August 25, 2021

OakNorth, a Monzo partner that provides savings products for the challenger bank, temporarily withdrew offers for new customers a fortnight

August 14, 2021
Starling Bank Anne Boden CEO

British digital lender Starling Bank said it had chopped its losses by more than half and was on track for

July 22, 2021

HSBC has agreed to sell its French retail banking arm to My Money Group, a company backed by private equity

June 18, 2021

Following a nightmare year that was hugely disrupted by the pandemic and three subsequent lockdowns, the City is slowly switching

April 25, 2021
UK-BANKS-BOE-COVID

UK banks 'shielded from the worst' of the Covid crisis, says BoE deputy governor

February 5, 2021

After a year that was hugely disrupted by Covid-19 and the entire economy and its workforce moved online, City A.M.

January 21, 2021
Revolut app

Revolut has applied for a UK banking licence, which would allow it to provide customers full service current accounts and

January 11, 2021

Following FCA approval of a banking license application in November, SME lender Recognise’s banking operations formally launch this morning with four branches

December 9, 2020
Revolut-fintech-uk

Challenger bank Revolut is bolstering its business offering as it moves into merchant acquiring allowing businesses to accept online card

December 4, 2020

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