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Posts Tagged ‘Challenger bank’

Froda and Lunar bring embedded lending partnership to Sweden’s SMEs

By Ellie Duncan | 11 February 2025

It is a continuation of an existing partnership between Froda and Lunar which launched in Denmark in 2023.

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TrueLayer expands Nordics payment coverage through Lunar partnership

By Ellie Duncan | 6 December 2023

By teaming up with the challenger bank, Truelayer will extend its instant account-to-account capabilities to the Nordics.

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Allica Bank works with Wise to streamline cross-border payments for UK businesses

By Ellie Duncan | 5 December 2023

The challenger bank’s business customers will be able to make global payments directly to 160 countries.

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Monzo hires fintech founder to lead foray into insurance

By Ellie Duncan | 6 November 2023

Phoebe Chibuzo Hugh, who founded insurance fintech Brolly in 2016, has joined the UK challenger bank as it prepares to enter the insurance market.

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UK challenger Alba Bank appoints chief risk officer and chair as it readies for launch

By Ellie Duncan | 11 September 2023

Andrew Lewis joins as chief risk officer from Aldermore Bank and has previously worked at NatWest, while current Metro Bank chair Robert Sharpe will chair the board.

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UK fintech Twig buys French teen banking challenger Vybe

By Ellie Duncan | 4 January 2023

The acquisition is Twig’s third as it aims to become the ‘go-to’ platform for Gen Z.

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Bunq valuation soars to €1.6bn as it closes funding round

By Ellie Duncan | 8 July 2021

Pollen Street Capital took part in the €193m Series A funding round, which saw Bunq acquire Capitalflow Group as part of the deal.

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Revolut launches Confirmation of Payee for UK customers

By OpenBankingExpo | 12 January 2021

The new offering is being delivered by its payments partner, Modulr giving UK customers greater assurance that money is going to the right place, protecting customers from fraud and simple mistyping mistakes.

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