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20 Results from /retail, "Monzo", 2018

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Monzo raises £20 million in just two days

UK app-based bank Monzo has completed its latest crowdfunding exercise, raising £20 million on Crowdcube in just two days, two hours and 45 minutes.

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Monzo preps £20m crowdfunding campaign

UK challenger bank Monzo is going back to the crowdfunding well, seeking up to £20 million from ordinary punters to top up a more traditional recent £85 million funding round.

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Monzo eye business banking opportunity

Monzo is planning to open a business bank account, adding to the growing list of contenders for dole outs from the Royal Bank of Scotland bail-out fund.

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Monzo achieves Unicorn status

App-based banking startup Monzo is joining the Unicorn club on the back of a new £85 million funding round that values the three-year old banking newcomer at over £1 billion

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Current account switching: TSB the biggest loser; challengers beat big incumbents

The UK's TSB shed over 16,000 customers in the past quarter as it continued to grapple with the fall out from its botched IT upgrade.

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Starling to help RBS develop digital bank

Royal Bank of Scotland (RBS) has reportedly enlisted the help of challenger bank Starling in its efforts to develop a digital bank of its own.

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Monzo eyes unicorn status

British challenger bank Monzo is looking to close a $150 million funding round by the end of the year, pushing it into the unicorn league with a $1.5 billion valuation, according to the Financial Times.

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From data security darling to cyber fall guy, Monzo experiences a breach of its own

After basking in the glow of exposing the Ticketmaster data breach last week, digital challenger bank Monzo has itself become the victim of a data leakage that saw the personal details of some 20,000 customers lifted from third party survey firm Typeform.

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Monzo switches on support for TransferWise

App-based challenger bank Monzo has switched on international money transfers with TransferWise for 16 foreign currencies.

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Starling Bank introduces gambling blocker tech

Starling Bank has introduced a gambling blocker, enabling customers with addiction problems to block betting payments from their accounts.

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Monzo Labs offers customers early access to new features

Monzo is inviting customer to join a new 'labs' feature to gain early access to, and give feedback on, new tools being trialled by the digital bank.

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Monzo sees 94% of active users upgrade to current accounts

As it shuts down its prepaid beta programme, UK digital challenger bank Monzo says that 94% of its active users have upgraded to full current accounts.