Monzo

279 results about this entity

Period: 30 Jun 2015 - 17 Jun 2025

Monzo to move card processing inhouse following outage

Digital challenger Monzo is to move card processing inhouse after a severe outage at its current third party service provider left customers high and dry for most of Sunday.

Monzo blows past £2.5 million crowdfunding target

UK challenger bank Monzo surpassed its crowdfunding target raise of £2.5 million within four hours of opening for pre-registration.

Monzo opens pre-reg for £2.5 million crowdfunding round

Today we’re launching our £2.5 million crowdfunding round, as the final part of our most recent investment raise of £22 million!

Monzo draws £19.5 million funding; returns to Crowdcube for further £2.5 million

Mobile-only bank Monzo has agreed a £19.5 million investment round with Thrive Capital, Passion Capital and Orange Digital Ventures and announced plans for a further £2.5 million crowdfunding raise.

Monzo draws in 100,000 users; closes on £1 million transaction spend

This year has been pretty exciting so far and today is no exception. We’re proud to announce we’ve just reached 100,000 users!

Monzo chooses GPS as processor

Monzo, a startup bank based in London, that has been granted a UK banking license ‘with restrictions’ less than 18 months after formation, has chosen Global Processing Services (GPS) as their processor.

Monzo puts payments on Android

Three weeks after we launched Spending on Android, we’re very excited to release another huge update to the Monzo Android app. Payments!

Monzo seeks head of partnerships

We're looking for someone to build useful partnerships that position Monzo at the heart of our customers’ financial lives.

Monzo rolls out in-app payments for contacts; adds magstripe switch

More than 70,000 people now have Monzo cards and we’re sending out hundreds every day.

Monzo adds card replacement feature on Android app

We’ve just released version 1.1.5 of the Android app to the Google Play Store with a small, but incredibly useful feature for that horrible moment when you realise you’ve lost your Monzo card.

Monzo raises £4.8m

British app-only challenger bank Mondo is sporting a £50 million valuation after raising £4.8 million in an interim funding round led by Passion Capital.

Monzo opens T-shirt shop

We love t-shirts! Employees have always been given the famous Monzo M t-shirt when they join and we’ve had thousands (well, maybe hundreds) of requests from our community for them.