19
Aug
Are the UK’s challenger bank unicorns overvalued?
Despite the United Kingdom’s Brexit travails, its digital banking sector remains red hot. Indeed, the UK is home to the most challenger bank unicorns of any country: OakNorth (valued at US$2.8 billion), Monzo (US$2.5 billion) and Revolut (US$1.7 billion). Further, if analysts’ estimates are correct, Atom Bank (US$644 million) is…
