New banks, Podcasts

The Challengers 9: N26’s US launch — Capital One invests in MoneyLion — Betterment’s bank account

  • In this week's episode of The Challengers, hosts Josh and Zack talk about N26 launching in the US.
  • Also covered in the podcast are Betterment's new bank account and MoneyLion's latest investment round.
close

Email a Friend

The Challengers 9: N26’s US launch — Capital One invests in MoneyLion — Betterment’s bank account

The Challengers this week looks at a couple big investments that happened in the challenger banking space and a new product launch.

N26 finally launched in the US and Josh and Zack explore how the challenger bank structured its launch (100,000 beta users and via a banking partner). Your hosts also explore what this means for the other European challenger banks gearing up to launch like Monzo and Revolut.

Next up, Zack mentions MoneyLion’s $160 million investment which included Capital One’s participation. This appears to be the bank’s first investment in a challenger bank but perhaps it’s also the first time a major bank has invested in a challenger bank. This investment provides more ammo to go after the NASCAR audience.

Robo-adviser Betterment has launched a new banking product which includes a high yield savings account — Everyday Savings — and announced it will roll out checking — Everyday Checking — later in 2019. This product eventually replaces the firm’s Smart Saver product that used ETFs to produce short term returns.

0 comments on “The Challengers 9: N26’s US launch — Capital One invests in MoneyLion — Betterment’s bank account”

Member Exclusive, Podcasts

Inside Cross River’s ecosystem of some of the best fintech brands

  • Cross River combines tech and banking to power brands like Affirm, Coinbase, Upstart, Upgrade, and Stripe.
  • Chief strategy officer Karan Mehta joined us at The Big Bank Theory Conference to discuss how Cross River’s technology enables the delivery of innovative financial solutions to millions of consumers and businesses.
Zachary Miller | December 03, 2021
Member Exclusive, Podcasts

‘Don’t let any legacy tie you down’: How Piermont Bank blends humans and technology to service midmarket SMBs

  • Piermont Bank serves mid market SMBs with a hybrid blend of digital and human bankers.
  • CEO Wendy Cai-Lee joins us on the podcast to talk about building a bank that addresses SMB pain points.
Zachary Miller | December 01, 2021
Member Exclusive, Podcasts

‘We see more and more nonprofits adopt the fintech model’: Prudential Financial’s Sarah Keh

  • Large financial organizations are increasing their work in their communities and with inclusivity.
  • Prudential's Sarah Keh joins us on the podcast to talk about her work with nonprofits and the city of Newark, New Jersey.
Zachary Miller | October 14, 2021
Member Exclusive, Podcasts

Embedding communications into financial services with Twilio’s Bijon Mehta

  • Twilio's embedded communications tools work behind the scenes in many of today's top fintechs and FIs.
  • Bijon Mehta, who leads the firm's work in financial services, joins us on the podcast to shed some light on where the firm grows from here.
Zachary Miller | September 21, 2021
Data, Member Exclusive, Podcasts

‘Data aggregation is used today in ways we wouldn’t have thought about five years ago’: Fiserv’s Kevin Hughes

  • Fiserv enables banks, credit unions, and fintechs to aggregate data seamlessly and securely.
  • Kevin Hughes, who manages the AllData products, talks to Tearsheet about changes in the aggregation field and where it's heading.
Fiserv | September 09, 2021
More Articles