Pronunciation: /ˈtʃælɪndʒər bæŋk/
noun a type of bank that is smaller and often more innovative than traditional banks, typically offering digital services and challenging established banking institutions
A1 A challenger bank is a new type of bank that competes with traditional banks.
A2 I opened an account with a challenger bank because they offer better interest rates.
B1 Many people are switching to challenger banks for their innovative digital services.
B2 The challenger bank has gained a significant market share by targeting younger customers.
C1 The challenger bank's disruptive business model has forced traditional banks to adapt.
C2 Investors are closely watching the challenger bank's growth trajectory in the financial sector.
formal The challenger bank aimed to disrupt the traditional banking industry with its innovative approach.
informal I heard about this new challenger bank that offers really low fees and great customer service.
slang Yo, have you checked out that new challenger bank? It's lit!
figurative In the competitive world of finance, the challenger bank was like a David taking on Goliath.
challenger banks
more challenger
most challenger
challenges bank
will challenge bank
have challenged bank
is challenging bank
challenger bank
challenger bank
to challenge bank
challenging bank
challenged bank