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5 results for "Challenger"
Deal Feed5
Deal FeedAug 1, 2022
American Challenger Neobank Merger With Patriot Bank Faces Complications
American Challenger, a neobank, saw its planned merger with Patriot Bank, a charter bank, hit significant complications involving a disputed Credit Suisse commercial loan portfolio. The deal was centr...
American ChallengerPatriot BankCredit Suisse
Deal FeedSep 25, 2018
Finastra Launches Cloud-Based Core Banking Solution for UK Challengers
Finastra launched Fusion Essence, a cloud-based core and digital retail banking solution on Microsoft Azure, targeting UK challenger banks. The platform supports payments, lending, deposits, and regul...
FinastraMicrosoft
Deal FeedJun 1, 2019
UK Challenger Bank Monzo Closes $144M Series F at $2.5B Valuation
Monzo, the UK-based digital challenger bank, closed a $144 million Series F round led by Y Combinator, bringing its valuation to $2.5 billion. Existing investors General Catalyst, Accel, Passion Capit...
MonzoY CombinatorGeneral CatalystAccel
Deal FeedJul 11, 2019
N26 Launches US Challenger Bank with Axos Bank as White-Label Partner
European neobank N26 launched its US mobile banking product in partnership with Axos Bank, which provides FDIC-insured accounts, ACH payments, routing numbers, and debit cards. N26 manages the custome...
N26Axos Bank
Deal FeedMay 26, 2020
Pacific National Bank Launches Digital Challenger Facile Powered by Nymbus
Pacific National Bank (PNB) launched Facile, a digital-only challenger bank built on Nymbus's SmartLaunch platform, targeting Florida's young professionals. Facile offers fee-free accounts, P2P paymen...
Pacific National BankNymbusFacile