City grandee Martin Gilbert new chairman of Revolut

Challenger Banks

The banking challenger has made a number of high-profile appointments across its senior management team in recent months.

City grandee Martin Gilbert new chairman of Revolut

Image source: Revolut

Martin Gilbert, former Co-CEO of Standard Life Aberdeen, has been appointed as the new chairman of Revolut

Gilbert, who cofounded Aberdeen Asset Management in 1983, which later merged with Standard Life, will take up the post at the start of January 2020 and has been “working closely” with <a href="http://www.altfi.com/companies/revolut&quot; target="_blank" class="platfor

Tandem starts global expansion with Hong Kong launch

Challenger Banks

Tandem starts global expansion with Hong Kong launch

Image source: Tandem

Digital challenger bank Tandem is expanding to Hong Kong as it begins an international expansion strategy.

The firm launched in the UK in 2016 and then swiftly, and somewhat unexpectedly, bought Harrods bank. 

Now it says it offers a full-service digital bank, offering a suite of

Monzo surpasses 50% of UK challenger banking market share

Challenger Banks

But N26 and Revolut are currently winning the US digital banking landgrab.

Monzo surpasses 50% of UK challenger banking market share

Image source: N26.

German digital bank N26 is currently leading the European challengers in the US digital banking landgrab, taking nearly 50,000 downloads for the month of September, according to figures from Apptopia.

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Under mounting pressure, Barclays reverses position to support Post Office banking

Challenger Banks

As bank branches are shuttered at record rates, Barclays will continue offering its services via 11,500 UK Post Offices.

Under mounting pressure, Barclays reverses position to support Post Office banking

Image source: Post Office.

As bank branches have shuttered in recent years, the UK’s network of 11,500 Post Office branches have become a core provider of banking services.

The service started with digital banks like <a href="http://www.altfi.com/companies/starling-bank&quot; target="_blank" class="platformlink" rel="noopener noreferrer"

Starling Bank reveals surprise £30m funding round led by Merian Chrysalis

Challenger Banks

Millionth Starling customer expected to sign up “within weeks”.

Starling Bank reveals surprise £30m funding round led by Merian Chrysalis

Image source: Anne Boden, CEO of Starling Bank.

Digital bank Starling has raised an additional £30m in funding, aimed at accelerating the bank’s expansion into Europe.

The fresh injection of cash includes £20m from the <a href="https://www.altfi.com/article/5725_fintech-focused-f

Yolt and Raisin launch new partnership

Challenger Banks

The integration is the latest in a string of partnerships for Raisin.

Yolt and Raisin launch new partnership

Image source: Raisin

Partnerships increasingly are a meaningful trend in fintech and two of the most active partnership-pros have…launched a partnership.,

Users of open banking platform Yolt, in the UK, France and Italy, can now apply for a

Raisin courts lucrative Irish savings market

Challenger Banks

The fintech marketplace for deposits and savings has recently been expanding its reach with partnerships with Scalable Capital and Monese, among others.

Raisin courts lucrative Irish savings market

Image source: Raisin

Raisin’s platform, which brings together savers with banks across Europe, has gone live, with Irish depositors now able to allocate cash to Raisin’s 82 partner banks across the continent.

The Berlin-based fintech savings aggregator, alo

Dutch app-only bank Bunq to launch in UK this week

FintechChallenger Banks

Bunq has already launched in 30 European countries.

Dutch app-only bank Bunq to launch in UK this week

Image source: bunq CEO Ali Niknam.

The Dutch app-only bank bunq is to launch in the UK this week, saying there are “too many traditional banks” in the UK.

Bunq has already launched in 30 European countries and believes the UK market is ready for more challenger banks.

In an interview with

Tide allows firms to sign up online

Challenger Banks

The mobile small business banking services platform opens up the way it signs up small firms.

Tide allows firms to sign up online

Image source: Rawpixel from Pixabay

SME banking challenger Tide said it will allow firms to open accounts online, rather than just via its mobile app.

The London-based start-up has already signed up more than 100,000 small businesses to its accounting and statement services, but the new feature will “help accelerate

Tandem Bank hires new AI chief

Challenger Banks

The London-based challenger bank seeks to bolster it’s AI capabilities with a new senior appointment.

Tandem Bank hires new AI chief

Image source: Tandem

Tandem Bank has hired Noam Zeigerson, in a new role as chief data officer as the digital bank bids to continue to build their AI infrastructure. He will oversee the artificial intelligence operations, data-driven business strategy and data governance. 

This appointment comes months after <a href="http://www.altfi.

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