Tag "challenger bank"
As Challenger Banks Grow In Popularity, Incumbents Must Innovate
Using technology and digital channels, challenger banks are reimagining banking, delivering superior digital customer experience and challenging incumbents to reinvent themselves. These are growing in importance and incumbents must “transform themselves from slow moving caterpillars to agile butterflies,” according to
Read MoreWith Britain Done, Can Revolut Convince Asians to Try Neo-Banks?
Founded in 2015, Revolut is one of Britain’s fastest-growing fintech players, now valued at US$1.7 billion, serving its Apple-levels cult following of 2.8 million users across 28 markets in Europe. Revolut claim to fame is a payments card that offers
Read MoreLife.SREDA: ‘Second Wave’ Neobanks Are Coming From the UK
Mobile bank users globally are forecast to more than double by 2019, according to a 2015 KPMG report, and the millennial generation, born from the 1980s to the early 2000s, may well be the reason of this emerging trend. Real-time
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