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181 Results from /retail, "Monzo"

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Monzo migrates investment accounts to Seccl

Monzo is to migrate its investment and pension product portfolio to Octopus-owned embedded investment platform Seccl.

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Starling eyes NYSE listing

UK-based challenger bank Starling is considering listing on the New York Stock Exchange as part of its US expansion plans.

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Monzo slapped with £21 million fine for AML failings

The UK's Financial Conduct Authority has fined neobank Monzo £21,091,300 over its "inadequate" anti-financial crime systems and controls that were in place between October 2018 and August 2020

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Monzo surpasses £1bn revenue milestone

UK fintech Monzo has recorded a sharp rise in profitability and posted revenue in excess of £1bn for the first time.

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Monzo launches tool that allows customers to undo payments

Monzo has rolled out a new feature that allows customers to set a personal timeframe to cancel a mistaken bank transfer.

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Monzo inches towards IPO

UK digital bank Monzo has reportedly lined up Morgan Stanley to pitch the company to investors ahead of a potential IPO in the first half of next year.

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Monzo moves into contents insurance

Monzo is muscling in on the home insurance market to offer contents insurance for unprotected renters and homeowners.

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Monzo introduces Split payments feature to remove the hassle of shared expenses

Monzo is rolling out a new split payments feature for customers to track, pay and chase payments for shared expenses.

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Monzo develops backup bank to cover outages

Engineers at Monzo have developed a fully independent backup bank — covering data, software, and infrastructure — which can be instantly activated during outages.

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Monzo COO Bhatia steps down

Monzo chief operating officer Sujata Bhatia is leaving after five years at the UK digital bank.

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Monzo CEO and board debate IPO venue

As Monzo makes preliminary plans to go public, the UK digital challenger bank's CEO and board are reportedly at odds over whether to list in London or New York.

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Monzo introduces Sign Language chat

Hearing-impaired customers of Monzo can now chat with the bank's customer support team via SignLive, an online interpreting service for British Sign Language (BSL).