Digital Challenger News Today

Finance chiefs at some of the world's largest companies gathered to discuss what's top of mind for the second half of 2023.

E-Commerce - Romania's digital economy could grow 3.5 times to around 52 billion euros in 2030 compared to 14.8 billion euros last year, ICT and digital commerce being

Poland’s digital economy has grown by more than 7 per cent over the past three years, according to an analysis by McKinsey & Company.

The fintech industry inLatin America is booming as London-paytech PaySafe acquires payment-processing platform SafetyPay for $441m.

UK-based challenger bank Monzo is reportedly struggling to maintain operations and may be trying to avoid the same fate as digital bank Xinja which was recently forced to shut down permanently. GlobalData recently noted that Monzo has turned into an “increasingly expensive charitable cause for the UK market.” As first reported by AltFi, comparisons can be made between the challenges faced by Australia-based digital bank Xinja that led to its exit from the market and the struggles of UK’...

January 2, 2021 @ 5:18 am By Omar Faridi Last year, we saw many banking challengers offering services to customers who might not have been satisfied with their traditional bank. Many more people also began to use online banking services due to the COVID-19 pandemic which forced many physical business locations to shut down. Marwan Forzley, Co-Founder and CEO at Align Commerce, a payment service provider for global commerce, notes in a blog post published by Payments Source that challenger bank...