Consumers want more from their banks. And at the same time, there are so many new players getting into the field. Challenger banks provide a good alternative but non-financial brands like Walmart, Apple, and Google offer or will offer banking products.
Tearsheet’s Challengers Awards is the financial industry’s top awards program focused on digital banking. Direct Banks, Digital Banks, Challenger Banks — banking is moving digitally and the Challengers Awards are designed to celebrate incumbents and startups alike in the field.
We received a record number of submissions of very qualified companies and technologies. At this level in the market, it’s very hard to decide on who makes a finalist and who doesn’t. The Challengers Awards finalists represent some of the best in banking and financial services.
We’ll be crowning our awards winners at the upcoming The Big Bank Theory conference later this month.
2021 Finalists for the Challengers Awards
Best Banking App: N26, Minna Bank, US Bank, Current
Best Banking Service Provider: Early Warning Services, Payveris, Corserv Solutions, TreviPay/Digital River, Galileo
Serving the Underserved Award: Oportun, Varo Bank, GoHenry, Cross River/SeedFi, Credit Sesame, Current
Best New Product: Quontic, Laurel Road, Albert, Oxygen, Till Financial
Partner Bank of the Year: Central Payments, Evolve Bank & Trust
Best Banking Card Product: Tribal Credit, TravelBank
Most Innovative Bank: Yotta, Current, Ally Bank