News

May 6, 2020

Europe’s digital banks off to slow start in the US market

Monzo, N26, Revolut and even Barclays face tough local competition after going state-side


Isabel Woodford

3 min read

Europe’s largest digital banking apps are seeing slow user uptake in the US amid strong local competition, new research by Apptopia shows.

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London's Revolut went live on March 24, while N26 launched late last year and Monzo opened its waiting list in July 2019.
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