The tale of 2 challenger bank models
Tilman Ehrbeck Contributor Tilman Ehrbeck is managing partner at Flourish, based in Washington D.C. Anuradha Ramachandran Contributor Ameya Updadhyay Contributor Ameya Updadhyay is a venture partner managing African investments at Flourish Ventures, He is based in London. Accelerated by the pandemic and its economic fallout, the tale of retail challenger bank models across the world has been diverging. In the Americas, Albo, Chime, and Uoala have all reported record user numbers as consumers adapted to a “no-touch” economy. Aspiration...