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Regulatory roadblock deals blow to UK fintech’s global ambitions
Digital lender suffers second ‘going concern’ warning from auditors
Britain’s biggest digital banks are hoping the Covid-19 crisis has shifted consumers’ behaviour
Sometimes it’s good to be boring.
Early sign of pressure on fast-growing lenders from regulator concerned by standards in challenger banks
New chief of digital bank looks to premium and business accounts after ‘going concern’ warning
Ex-JPMorgan banker buys China mask factory in anticipation of second virus wave
Digital bank raises less than expected after growth hit by coronavirus
Tom Blomfield’s move to president comes as challenger bank faces fierce headwinds from coronavirus
Fallout from pandemic forces UK digital bank to sell shares at discount
Banks go big in the hunt for fintech success
New data show challenger banks aren’t managing to convince customers to ditch their old high-street accounts.
Deal could precede another major investment round next year
Digital bank steps up expansion despite complex regulatory rules
Latest data show digital tools appeal to banking customers
Fintech scene ‘not winner takes all, but winner takes most’
Launch of American football betting via an MGM tie-up might finally bring deserved uplift
The bank of the future becomes the bank of the past.
UK online bank steps up efforts to become profitable and challenge high street lenders
A credit card, without the credit.
UK challenger bank discovers potential security flaw
Groups such as Monzo break away from traditional lending models to build sustainable revenues
Costly ad campaign means losses will widen again, after jumping 54% last year
App-based bank raises £113m, showing investors are still hungry for fintechs
Challenger hopes to crack a tough market where customers favour traditional lenders