Latest Monzo News: Finextra Research

Tandem to kickstart £1 million crowdfunding campaign

Tandem is following in the footsteps of rival UK startup Mondo by launching a £1 million crowdfunding campaign, enabling future customers to own shares in the mobile-first challenger bank.

03 May 2016

/retail

Mondo stumbles on move into public beta

Fresh from a £6 million funding round, mobile-only banking startup Mondo is moving into a public beta, inviting anyone with an Apple phone to download its app from the App Store...assuming they can get past some early teething problems in the authentication process.

17 March 2016

/retail

Mondo takes just a minute to raise £1 million

Digital challenger bank Mondo has raised £1 million in a record-breaking one minute and 36 seconds on crowdfunding platform Crowdcube.

03 March 2016

/retail

Mondo reboots crowdfunding campaign

Digital challenger bank Mondo has set a new date for its £1 million crowdfunding campaign after a rush of applicants on Monday toppled the servers of platform provider Crowdcube.

02 March 2016

/retail

Mondo rush breaks Crowdcube

Crowdcube servers have been overwhelmed by a rush of people trying to join a £1 million crowdfunding round in digital banking startup Mondo.

29 February 2016

/retail

Mondo invites customers to become investors with £1 million crowdfund raise

Mondo is looking to turn prospective customers into investors by ring-fencing £1 million of a £6 million financing round at crowdfunding site Crowdcube.

15 February 2016

/retail

Mondo releases API to let customers play with their own data

UK challenger bank Mondo has released its first set of developer tools to early test users of its digital banking account, promising to make it easier for non-developers to create their own banking apps.

03 February 2016

/retail

Mondo bucks banking protocols with release of first 'Alpha' cards

Digital banking startup Mondo is looking for 3000 people prepared to test its prototype debit card and iPhone app, while issuing a warning that "you will experience problems with this product".

02 November 2015

/retail

UK banking revolution begins as Fidor opens for business

Innovative German bank Fidor has opened its doors for business in the UK, beating home-grown challengers from the likes of Atom, Mondo, and Starling to the punch

18 September 2015

/retail

Mondo releases secret API; runs hackathon

Digital banking startup Mondo is calling on third-party developers to participate in a two-day hackathon in London as it unveils an early iteration of its Application Programming Interface (API).

10 September 2015

/retail

Smartphone challenger bank Mondo awaits approval from BofE

UK banking startup Mondo - established by a team who flew the nest at fledgeling challenger Starling - is to meet with the Bank of England on Wednesday to make its case for approval for a full banking license after raising £2 million in funding from Passion Capital.

30 June 2015

Latest news