Tagged: challenge bank

Credit Sesame  Completes Acquisition of Canadian Challenger Bank STACK

  Credit Sesame, a personalized credit service and financial wellness company, announced on Tuesday it has completed its acquisition of Canadian challenger bank STACK. According to Credit Sesame, the acquisition marks the beginning of the company’s international expansion. Credit Sesame and STACK began a partnership in… Read More

Monzo Reassures Customers That Services Are Safe During Coronavirus Pandemic

As the world continues the fight against the coronavirus (COVID-19) outbreak, UK challenger bank Monzo is reassuring its customers that its services are continuing to be safe and secure. According to Monzo, more than 4 million people are already using Monzo to manage their money…. Read More

Varo Money Raises Annual Percentage Yield on Savings Account

Digital-only challenger bank Varo Money announced on Tuesday it raised the Annual Percentage Yield (APY) on its FDIC-insured Varo Savings Account to 2.80% for customers whose Savings Account balance is $50,000 or less, and who have qualifying direct deposits and debit card purchases from their… Read More

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