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UK challenger GB Bank lands £85m investment

GB Bank Secures £85 Million Investment: Key PointsInvestment Details:Total Investment: £85 million. Investors:Hera Holdings: £40 million initially, with an additional £40 million...

UK challenger Chetwood Financial acquires lender CHL Mortgages for Intermediaries

Overview:Entities Involved: UK digital challenger Chetwood Financial and CHL Mortgages for Intermediaries (CMI), purchased from Barossa Asset Purchaser Sarl. Purpose: Expansion of Chetwood's...

UK challenger Tandem appoints Suavek Zajac as new CTO

New CTO Appointment:Suavek Zajac, former Railsr head, was appointed as CTO of UK digital bank Tandem. Will oversee the development of Tandem’s...

French fintech Lydia launches digital banking app Sumeria

Company Overview:French fintech start-up Lydia. Originally launched in 2013 as a P2P payments app. Currently serves 8 million users in France, Spain,...

Monzo secures additional $190m funding from new and existing investors

Funding Round Details:Monzo, the UK-based digital challenger bank, has secured an additional $190 million in its latest round of funding. The funding...

Ecology Building Society set for 2025 core banking overhaul with Monument Technology

Partnership Overview:UK-based mutual Ecology Building Society has partnered with Monument Technology, a technology division of domestic challenger bank Monument, for a significant...

Digital challenger GoTyme Bank acquires salary lender fintech SAVii

Acquisition Announcement: GoTyme Bank, a Filipino digital challenger, has acquired Manila-based lendtech SAVii to enhance its expansion into payroll-enabled financial products. SAVii Overview:...

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