Episode 6: Challenging The Challenger Bank Model
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Grasshopper bank, a startup bank for startups, is challenging the challenger bank model.
Challenger Banks have been on the move. Often cited as a sector with tremendous potential, they have shaken up how the industry views banking. This week, we learn about Grasshopper Bank, a Challenger Bank that is challenging the business models of Challenger Banks by getting its own bank charter rather than partnership. Also the first charter for an all digital bank, this venture bank is itself a startup venture. Prepare to have your beliefs challenged and the status quo upended in this episode.
Guest: Judith Erwin, CEO, Grasshopper Bank
Hosts: Scarlett Sieber and Sanjib Kalita
Producers: Roland Bodenham and Rachel Morrissey