News by FinTech Collective

News by FinTech Collective

News by FinTech Collective Archive

KOHO raises $210m in Series D funding

Toronto based challenger bank raised $210m in Series D funding led by Eldrige. 

“We’re very excited to partner with KOHO. We’ve seen the success of these models around the world and KOHO has emerged as a leader in...…

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Monzo founder Tom Blomfield is departing the challenger bank and says he's "struggled"during the pandemic

Monzo founder Tom Blomfield is departing the U.K. challenger bank entirely at the end of the month, staff were informed earlier this week.

Blomfield held the role of CEO until May last year when he assumed the newly created title of president and resigned from the Monzo...…

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Monzo raises £60m in new funding

UK based challenger bank raised £60m in new funding from Novator, Kaiser, TED Global and Goodwater. 

Adds Monzo CEO, TS Anil, in a statement given to TechCrunch: “We’ve raised £125 million this year, achieved strong organic growth and are...…

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