Arival Bank Wins Tearsheet’s Challenger 2020 Award! 👏

Arival Bank wins the Best SMB Digital Banking Vision & Strategy award at the Tearsheet Challengers Conference that took place online during 22–24 September 2020.

Diana
Arival
2 min readOct 8, 2020

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In a completely unexpected outcome, Tearsheet awarded Arival Bank with its prestigious Challengers 2020 Award, which is typically granted to later-stage digital companies that power leading payment concepts, as well as provide premium banking and cash flow management services.

The list of major 2020 winners includes massive newcomers such as Current, Intuit’s QuickBooks, Varo, Stash, and PNC Bank. This year’s winners differ from Arival in numerous ways, including the nature of the business and maturity stage, making Arival the only early-stage fintech company with this distinguished achievement. For Tearsheet to reverse course and recognize Arival’s vision as such a young company speaks to the gravity of what Arival hopes to accomplish.

Arival Bank is the first fintech bank that has recently launched its beta account, and its cutting edge compliance process will allow Arival to serve non-traditional business clients anywhere in the globe in a way that will literally redefine the business banking relationship.

Tearsheet’s awarding to Arival seems to speak to the industry’s desire for someone to step up and do something profoundly different for once.

Congratulations Arival Bank on the impressive achievement!🎇

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