Challenger Bank

A challenger bank entices immigrants with high yields and 5% cash back

12/10/20

To get the word out to the Indian and Asian immigrants it's targeting, OnJuno is using social media influencers that include a well-known Japanese-American chess player and running ads during streamed cricket matches.

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The new challenger banks: 'A lot of these are going to fail'

12/07/20

Fintech success stories have encouraged investors to back more startups, but newcomers will be hard-pressed to attract enough customers to compete while keeping expenses down.

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Will Smith, Justin Timberlake among investors in digital bank Step

12/02/20

The challenger bank aimed at Gen Z and counts singers, sports professionals, a social media personality and fintech executives among its investors.

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Challenger bank Digit takes on robo-investing

12/02/20

As it does with savings, Digit's algorithm calculates how much users can siphon off their earnings into retirement without missing the funds.

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Online lender LendUp launches challenger bank

12/01/20

Like LendUp, a small-dollar lender, Ahead Financials is targeting consumers who are gainfully employed but have blemished credit histories.

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Challenger bank Current doubles customers in six months

11/25/20

The 5-year-old company, which recently raised $131 million, says its strong growth reflects the timeliness of its mission: helping consumers who live paycheck to paycheck build wealth.

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A digital bank for the LGBT community

11/20/20

Daylight's initial product lineup includes a prepaid debit card with the customer’s chosen name and educational content around issues unique to LGBT households.

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Proposed digital bank to target Gen X customers

11/19/20

American Challenger Bank would offer consumer and commercial products using technology from Temenos. Organizers recently applied with the FDIC for deposit insurance.

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Challenger bank Bella to promote pay-it-forward mentality

11/18/20

The startup, created in partnership with conversational AI platform LivePerson, will encourage users to send sums of money to strangers.

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Moven and Q2 partner to help small banks compete with challengers

11/18/20

The two companies have worked together to provide a banking app that community banks can implement and deploy in 30 days.

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