Tag: challenger bank
UK challenger Atom Bank hires Gareth Jones as new chief risk officer
Atom Bank Appoints New Chief Risk Officer: Key PointsNew Appointment:Gareth Jones has been appointed as Atom Bank's new Chief Risk Officer (CRO).
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Brazil’s Nubank buys AI-powered data intelligence start-up Hyperplane
Nubank Acquires Hyperplane: Key PointsAcquisition Details:Nubank, a Brazilian challenger bank, has acquired US-based data intelligence start-up Hyperplane for an undisclosed sum.AI...
Bank Midwest launches new digital bank for US healthcare industry powered by Finastra
Bank Midwest Launches OnePlace.bank with Finastra: Key PointsNew Digital Bank Launch:Bank Midwest, serving Iowa, Minnesota, and South Dakota, has partnered with Finastra...
Starling Bank reports 50% revenue rise in third year of profitability
Starling Bank Reports Third Year of Profitability
Key Financial Highlights:Pre-Tax Profits: Increased by 54.7% to £301.1 million.
Revenue: Rose by 50.6% to £682.2 million.
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Boost Bank officially launches its digital banking app in Malaysia
Boost Bank Launches Digital Banking App:Partnership and Establishment:Partners: Axiata Group’s fintech firm Boost and RHB Banking Group
Approval: Obtained from Bank Negara...
Monzo records first full year of profitability as it eyes international expansion
Monzo Announces First Full Year of Profitability:Financial Performance:Reported a pre-tax profit of £15.4 million for FY ending 31 March 2024.
Significant turnaround...