22 November 2019

NatWest launches new challenger banks

Written By FinTech Alliance

NatWest launches new challenger banks

RBS has launched new challengers under NatWest’s banking license to rival the likes of Monzo and Starling.

In Brief:

  • Mettle is a business account with a black card.

  •  Bó is a product focused on youth which has a yellow card.

  • The youth product has its own CEO.

What does this mean?

With banks losing business accounts and the millennial/Gen Z market to shiny new players such as Revolut, the time is ripe for RBS to create specific offerings to retain and attract customers.

Read more here.

 

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