Yann Ranchere Discusses Challenger Bank Expansion

In this recent article for Tearsheet, Zack Miller explores the obstacles neobanks face as they expand to new markets. Anthemis’ Yann Ranchere notes “reconciling the ‘move fast and break things’ culture with the needs of a strongly regulated industry is a key difficulty these players face,” he adds “neobanks are looking to strike a balance between continuing a fast expansion strategy and dealing with an increasing number of regulatory enquiries that can slow them down.” Read the full article here.