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Will the race to the top for digital banks narrow the field?

These early months of the year could dictate whether digital banking's top players thrive or survive in 2021

Will the race to the top for digital banks narrow the field?

While profitability still seems to be the golden goose in fintech, the coronavirus pandemic is going to have a lasting impact on UK digital banks’ race for success.

Shortly before Christmas, Revolut revealed it had broken even on a month-by-month basis for the second time in its history. Starling Bank had already done the same in October, and a spokesperson for the tech firm confirmed to Fintech Files that it has continued to do so since.

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