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193 Results from "Monzo"

/retail

Revolut and Monzo go head-to-head with interest bearing savings accounts for kids

Revolut is launching an Instant Access Savings accounts for kids and teens aged 6-15 with market-beating rates of up to 4.5% AER

/retail

Monzo to offer customers mobile plans

UK digital bank Monzo is set to become the latest European fintech to offer customers mobile phone plans.

/wealth

Monzo migrates investment accounts to Seccl

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

/markets

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.

/crime

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

/payments

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.

/security

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.

/retail

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.

/retail

Monzo moves into contents insurance

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

/payments

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.

/retail

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.

/people

Monzo COO Bhatia steps down

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