15.S08 | Spring 2020 | Graduate

FinTech: Shaping the Financial World

Class 8: Challenger Banks

Lecture Slides

Class 8 Lecture Slides: Challenger Banks (PDF - 1.2MB)


Required Readings

The Challenger Banks That Threaten to Disrupt Financial Institutions’ Bill Streeter, The Financial Brand (February 18, 2020)

Dawn of The Neobank: The Fintechs Trying to Kill the Corner Bank’ Jeff Kauflin, Forbes (November 4, 2019)

2020 will be a challenging year for challenger banks’ Romain Dillet, TechCrunch (January 4, 2020)

Optional Reading

10 Best Challenger Banks in The World’ Crypterium

Study Questions/Issues to Prepare

  1. What are Challenger Banks or Neobanks?
  2. What gaps or “pain points” in traditional banking might Challenger Banks be addressing? What challenges face these new banks?
  3. How might Challenger or Neobanks affect the banking landscape?

Course Info

As Taught In
Spring 2020
Learning Resource Types
Lecture Videos
Lecture Notes
Written Assignments
Instructor Insights