The MoneyPot: Challenging the Challenger Bank Model

Money20/20.tv
Money20/20.tv
Challenger Banks have been on the move. Often cited as a sector with tremendous potential, they have shaken up how the industry ...
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

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