BI Prime, Challenger Bank, Monzo, N26, Varo, Chime,

VC firms have poured $2.5 billion into fintechs like Chime and Varo this year. It’s the latest threat to disrupt Main Street banks.

By

Chime Investment into digital-only banks or "challenger banks" from venture capital firms this year is at $2.5 billion, already surpassing 2018’s record total of $2.3 billion. The increased interest in digital-only banks comes at a time when VCs curbed dealmaking efforts in fintech overall during the second quarter of 2019. A big selling point for […]

MustHaves.LA a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.