Breaking Views: Digital Banking News - JP Morgan & Revolut

Juniper Research Lead Analyst Nick Maynard discusses the major news stories coming out of the digital banking industry.

First, US banking giant JP Morgan is set to launch a new digital bank in the UK - but with the recent withdrawal of German digital bank N26 from the UK digital banking market, and Brexit just around the corner, is this the right time?

Secondly, UK digital bank Revolut announced that it has raised $500 million in funding, valuing the fintech company at $5.5 billion - but what are the major challenges ahead for what seems to be a successful digital bank?

Juniper Research is launching its brand new Digital Banking research report next week - sign up for a free account to be kept up-to-date with our latest research