Tag: challenger bank

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Atom Bank on track for balance sheet growth following £100m equity raise

UK challenger Atom Bank raises over £100 million in equity capital. "Long-term" shareholders BBVA, Toscafund, and Infinity Investment Partners participate in the private...

UK agriculture-focused challenger Oxbury Bank lands £100m from British Business Bank

Oxbury Bank, a UK-based challenger in the agriculture sector, secures a £100 million ENABLE Guarantee deal with the British Business Bank. Launched in...

UK challenger Monzo reportedly in talks to sell £300m stake at £3.5bn valuation

British challenger bank Monzo aims to raise £300 million in fresh funds through a share sale. In discussions with blue-chip investment funds to...

Scottish challenger Alba Bank taps ClearBank for SME payment management

Alba Bank, a Glasgow-based challenger bank focusing on SMEs, has partnered with ClearBank, a provider of accounts, clearing, and embedded banking solutions, to...

Puerto Rico’s Arival Bank names Nishi Gupta as chief compliance officer and general counsel

Nishi Gupta appointed as Chief Compliance Officer (CCO) and General Counsel at Arival Bank, a digital bank in Puerto Rico. Gupta joined Arival...

Monzo hires former Cash App exec Conor Walsh to lead renewed US expansion push

UK challenger bank Monzo hires Conor Walsh, former head of global product at Square's Cash App, as its new US CEO to pursue its...