UK challenger Finndon lands e-money licence

Ruby Hinchliffe reports that Finndon, a UK challenger bank hopeful, has landed its e-money licence from the Financial Conduct Authority (FCA).

The start-up, which plans to launch in 2021, intends to offer current accounts armed with a range of “smart budgeting tools” aimed at turning spenders into savers.

Read more: FinTech Futures