The digital bank Revolut had more app downloads in 2020 than Monzo and Starling combined.
HSBC is taking on the digital Fintech giants like TransferWise and Revolut with the launch of Global Money Account.
Starling Bank said the desktop option of online banking is in response to customer demand. Current account customers are now able to manage their money via desktop or laptop.
Finch is a US-based fintech startup that aims to integrate the benefits of investing with the flexibility of checking into an all-in-one account.
The well-known Swiss bank Credit Suisse is launching a new digital banking service. This new offering aims to compete with challenger banks like Revolut.
Spain's digital banking app Bnext has raised €11 million as an extension to a €22 million Series A financing round they managed to secure last October.
German challenger bank N26 has announced a partnership with another German brand, the sportswear giant adidas.
Penfold is a pension provider for self-employed and is the latest addition to Starling Marketplace, where the customer is able to browse third-party providers and services.
N26's leadership bench extended with the appointment of Dr. Jan Kemper as Chief Financial Officer.
Tom Blomfield who co-founded Monzo Bank 2015, is leaving the digital bank, citing "challenges" from the pandemic, TechCrunch reported.