A big challenge facing many UK fintechs has been how to keep their millennial (aged 24-38) and Gen Z (aged 18-24) users engaged with their banking apps. Last November, leaked numbers showed that only 16% of payment card aggregator Curve’s half a million customers were active, in that they used their account at least once a month. And in February, following its mammoth half a billion-dollar funding round, Revolut stressed the need for “a particular focus on product development that will help accelerate daily usage of accounts”. Some fintech players have given up on the UK fintech scene altogether. N26…
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