With technology seemingly having changed the retail banking industry for good, we took a look at five challenger banks which gained banking licences and focused on technology in an attempt to beat the larger competition.
By David Craik
Alternative finance is an increasingly important means for small companies to get ahead and there has been some encouraging news from three of the challenger banks this week.
When Metro Bank became the first new high street bank in 100 years in 2010, it reflected that an arguably stagnant sector was getting a much-needed wake up call. More and more names have since entered the industry, but which are succeeding and what’s on the horizon for the newcomers
