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.
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.

Payments, Podcasts

Brex’s Henrique Dubugras on launching a business cash account and payments trends in 2020

  • Brex recently launched a cash management account for young, growing companies.
  • The firm's co-founder joins the podcast to talk about what where he sees the wind blowing in 2020 and beyond.
Zack Miller | December 11, 2019
Innovation, Podcasts

Inside First National Bank of Omaha’s launch of a digital consumer loan

  • The largest privately-held U.S. bank recently launched a digital loan product.
  • To do so, it partnered with digital lending specialist, Upstart.
Zack Miller | December 09, 2019
Data, Podcasts

Inside the Experian DataLabs with Eric Haller

  • Organic growth requires talent, resources, and focus.
  • Experian DataLabs is tasked with creating products and services for the firm's future.
Zack Miller | November 27, 2019
Podcasts

Oracle’s Aubrey Hawes on Open Banking and ecosystem building

  • Oracle's open APIs have structured an open banking platform for banks and fintech firms.
  • The company's head of sales consulting joins us to talk about Oracle's work in ecosystem building.
Zack Miller | November 14, 2019
Future of Investing, Podcasts

Titan’s Clayton Gardner: ‘We want to make sure we’re building cars, not faster horses’

  • While most robo-advisers have embraces passive investment strategies, Titan has taken a contrarian approach.
  • Its clients turn to the investment app for reasonably-priced hedge fund strategies.
Zack Miller | October 28, 2019
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