Tags Challenger banks
Tag: challenger banks
PayStream is online accounting software that is designed with contractors in mind and is now integrated into the Starling business account.
Every time customer recommends Starling to someone and that person becomes a new Starling customer through the referral journey, Starling’ll plant a tree as a thank you.
Starling bank recently announced that it generated £6.7 million for the month of July 2020, meaning that it could make annual revenue of £80m.
Revolut managed to raise $80 million from TSG Consumer Partners while Monzo bank’s losses jumped from £47.2m to £113.8m. CFTE has done a research among its employees to see if challenger banks stand a chance to ever replace the incumbent banks so customers use them as their primary account.
12Page 2 of 2
Fintech company Revolut continues to expand its cryptocurrency services operations after recently getting approval to operate in Singapore.
Brazilian challenger bank Nubank has announced hitting one million cryptocurrency users in the country barely a month after launching the service.