https://www.craigpardey.com/tags/fintech/ Recent content in Fintech on Craig Pardey Hugo en Wed, 01 Nov 2017 00:00:00 +0000 https://www.craigpardey.com/post/2017-11-01-challenger-bank/ Wed, 01 Nov 2017 00:00:00 +0000 https://www.craigpardey.com/post/2017-11-01-challenger-bank/ <p>When I first heard about the so-called UK Challenger Banks like <a href="https://monzo.com/">Monzo</a> and <a href="https://www.atombank.co.uk/">Atom</a>, I was amazed that there wasn&rsquo;t a similar offering in Canada. The Canadian retail banking sector desperately needs new players bring compelling products to the market but nobody was doing it. There are some options like <a href="https://www.pcfinancial.ca/">PC Financial</a> and <a href="http://tangerine.ca">Tangerine</a> but they&rsquo;re both backed by one of the Big Banks (CIBC and Scotiabank, respectively). Nobody was attempting a ground-up rebuild of a bank using modern technology and practices.</p>