20 Results from "Monzo", 2021
/regulation
The UK's competition watchdog has issued a warning to Monzo after it breached a rule requiring it to send banking transaction histories to over 143,000 former account holders.
22 June 2021
/retail
Atom Bank's pitch to raise £40 million from existing investors is likely to lead to a sharply discounted valuation for the app-based lender, underscoring the difficulties faced by neo banking startups in attracting investors.
11 March 2021
Monzo is stepping up its mission to help customers struggling with gambling addiction, teaming up with TrueLayer to extend the block to Open Banking-enabled payments.
18 February 2021
Monzo has called on the UK Government to mandate the use of gambling access blocks on all UK bank accounts.
16 February 2021
/people
Monzo has recruited Carol Nelson to take over from TS Anil as CEO of its fledgeling US operation.
11 February 2021
Monzo is raising a further £50 million in equity funding from existing shareholders and one new investor, Silicon Valley firm Octahedron Capital.
08 February 2021
Monzo will be the first major UK challenger to face the same fate as defunct Australian neo bank Xinja, unless it changes its approach towards a more sustainable future, says GlobalData banking analyst Ketherine Long.
22 January 2021
Monzo founder Tom Blomfield is to depart the UK challenger bank at the end of the month after admitting that the pressure of growing the firm in the midst of a global pandemic had taken a toll on his mental health.
21 January 2021
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