article thumbnail

1M Users & Growing: 20+ Fintech Startups That Have Crossed The 1 Million Account Mark — And How They Got There

CB Insights

Series A in 2007. Product engagement and maintaining a clean UX/UI. In Europe, for example, Open Banking regulations have lowered the criteria for digital-first banks like Monzo and N26 to get limited charters and launch apps, even as they wait for regulatory approval for a full bank charter.

Fintech 64
article thumbnail

Calling All Startups: Reinvent the Mortgage Process (Please)

Fintech Labs Insights

The poster child for bad UX was the denial of a mortgage to previous Fed chairman, Ben Bernanke last year. That’s not nearly the amount of change I expected in this vital area, but the re-regulation of the mortgage industry, thanks to the housing debacle of 2008 to 2012, has taken it’s toll on innovations.