Challenger Banks Raise Record Funds To Take On Traditional FIs
PYMNTS
AUGUST 13, 2019
Challenger banks have raised $100 million worldwide in the second quarter and are the fastest-growing FinTechs, Lindsay Davis, a senior intelligence analyst at CB Insights, told the FT. . They’re also coming into wealth for the first time,” she said, regarding millennials. . banking startups hold bank charters, the U.S.
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