Introduction
The financial landscape has been undergoing a seismic shift in recent years, driven by the rise of challenger banks. These digital-first, technology-driven financial institutions are redefining the banking experience, challenging traditional banks with their customer-centric approach, innovative offerings, and cost-effective operations. This article explores the current state of the challenger bank market, its key players, growth drivers, and challenges.
What Are Challenger Banks?
Challenger banks are fintech-driven financial institutions that operate primarily online withou