Disruptors

Varo Money gets new backers and closer to bank charter

06/03/20

The mobile bank raised $241 million in its Series D round of funding, and expects to receive approval from regulators to become a nationally chartered bank this summer.

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Shopify unveils plan to offer banking services to merchants

05/20/20

The global e-commerce site is rolling out a suite of banking tools for its growing U.S. user base later this year that will help them bank and manage their businesses all in one spot.

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Servicers get flak, Bisignano’s Fiserv play, lenders on PPP hook: Top stories of the week

05/15/20

Complaints to the CFPB hit an all-time high, with mortgage servicers getting much of the fire; Frank Bisignano details his priorities as Fiserv’s new CEO; lenders worry they could be stuck with billions in Paycheck Protection Program loans; and more from this week’s most-read stories.

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U.K. challenger bank Monzo applies for U.S. banking license

04/24/20

The neobank, which has been operating in the U.S. since last year with partner Sutton Bank, hopes to get a bank charter within two years.

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Challenger bank Revolut launches in the U.S.

03/24/20

The mobile-only bank offers many standard neobank features and some added payment options.

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Can newcomer Level stand out in a sea of challenger banks?

03/08/20

The all-digital bank is hoping to win over consumers with above-average savings rates and more detailed analysis of their spending habits.

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Nearly all age groups say they’d bank with tech giants

02/25/20

In every segment except people older than 64, a majority would consider banking with Apple, Google, Amazon or Facebook, a new survey finds.

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How robo-adviser Wealthfront is becoming more like a bank

02/03/20

Andy Rachleff, the fintech's CEO, discusses the digital bank it's developing and the concept of "self-driving money."

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N26 signs up 250,000 U.S. customers in first five months stateside

01/27/20

The German challenger bank says it has quickly attracted Americans from every state and various demographic groups to its mobile banking app.

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Digit will help people pay their cellphone bills

01/22/20

Users of the challenger bank's app can automatically save money over the course of a month to cover their mobile charges.

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