News Topic: Challenger Bank
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Challenger bank for immigrants expands across the U.S.
How neobank Dave hit 10 million users in four years
New leader, new mission for SoFi's banking-as-a-service arm
Taking cue from fintechs, banks warm to early direct deposit
Love and money: What banks can learn from fintechs’ apps for couples
Is BBVA's shutdown of Simple a bad sign for bank-fintech mergers?
Challenger bank Aspiration weighs an IPO
Is MoneyLion building the first open U.S. bank?
Varo 'on track' to be profitable by 2023 even as losses pile up
LGBT neobank Daylight urges banks to let customers use 'true names'
Chime forced to ditch use of word ‘bank’ after regulator’s pushback
Generosity is trending. Neobanks are tapping into that.
Adherence to Islamic law is this challenger bank's selling point
Latest challenger bank for kids emphasizes collaborative savings
A neobank facilitates charitable giving directly through its app
Microloans, CDFI partnerships: How Greenwood will use big-bank funding
The challenger bank will apply some of the $40 million it raised from Truist, BofA and others to a microloan program aimed at Black and Hispanic groups. It also plans to offer a debit card through community development financial institutions and minority ... Read full article
Why U.K.'s Revolut wants a U.S. charter
The fintech, which has applied for a California banking license and federal deposit insurance, aims to become a full-service online bank for 1 million Americans by year-end, says Ron Oliveira, its U.S. chief executive. ]] ... Read full article
Challenger bank rolls out first FICO-free credit card
TomoCredit relies strictly on cash-flow data to gauge the creditworthiness of immigrants and young consumers, who often have too little financial history for traditional scoring models. ]] ... Read full article
Combating hate crimes is one of this Asian American neobank's goals
Cheese, a new challenger bank aimed at Asian Americans and immigrants to the U.S., has established a fund to support groups that serve communities affected by racist attacks and economic hardship during the pandemic. ... Read full article