News by FinTech Collective

FinTech Collective

May 8, 2024

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London based challenger bank raised $190m in growth funding led by CapitalG and Hedosophia.

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"The new round comes just two months after Monzo raised $425m, meaning the London based company has now raised north of $610m in 2024,...…

For One, who is majority owned by Walmart, the move sets the stage for competition with Affirm as a BNPL option entrenched with Walmart.

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"The read across here seems to be that any initial concerns that Affirm is being displaced entirely are mollified a bit."

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