Posts Tagged ‘challenger banks’
Acquired.com joins OBL cVRP industry initiative, launches own VRP solution
The payments business is a founding member of an initiative driven by Open Banking Limited to create a new company that will continue work in the UK on commercial VRP.
Read MoreGlobal banks and FIs join speaker line-up at Open Banking Expo UK & Europe
The agenda features speakers from incumbent banks, challenger banks, building societies and international financial institutions.
Read MoreFunding Xchange secures Series B funding from Barclays
Managing director of Funding Xchange Sarah Hollyhead called the investment from Barclays “transformational”.
Read MoreTrust in UK banks hits eight-year high after ‘slow road to recovery’
The Fairer Finance Trust in Banking Index found that challenger banks, such as Starling and Monzo, are more trusted than the incumbent banks.
Read MoreSecure Trust Bank receives £20m Tier 2 investment from British Business Investments
The £20 million subscription has been provided through British Business Investments’ Investment Programme.
Read MoreUK challenger banks lend more to SMEs in 2022 than incumbent banks
The UK’s challenger and specialist banks lent £35.5 billion to small businesses in 2022, exceeding the amount lent by incumbent banks.
Read MoreAllica Bank joins APPG for Challenger Banks and Building Societies
As an associate member, the bank will sponsor the APPG’s annual reception in March.
Read MoreIs the gap narrowing between digital challengers and high street banks?
One in 10 consumers have changed their current account since March 2020 with nearly a third (32%) of these switching from a traditional bank to an online-only one.
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