Latest Monzo News: Finextra Research

Monzo hits 250K business customer milestone

UK digital bank Monzo has reached a milestone of a quarter of a million business customers, with one in 23 businesses in the UK now onboard.

04 May 2023

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Investment banks approach Monzo over IPO - report

UK digital challenger Monzo has been approached by investment banks about a potential initial public offering, according to Business Insider.

24 February 2023

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Climate X hires Monzo's Andrew Ellam as tech VP

London-based climate risk analytics provider Climate X has appointed former Monzo, Amazon and Facebook staffer Andrew Ellam vice president of technology.

16 January 2023

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Starling and Monzo top customer satisfaction survey

Digital challengers Starling and Monzo have been ranked the top personal and business current account providers in the UK.

15 August 2022

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CMA orders Monzo to comply with transaction history rules

Monzo has been ordered to comply with banking rules after failing to send thousands of customers their historic financial transactions when leaving the digital bank.

27 July 2022

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Monzo narrows losses to £119 million as revenues surge 92%

UK digital bank Monzo has been given a clean bill of health from its auditors for the first time since 2019, after narrowing losses to £119mn from £131mn in the previous financial year.

14 July 2022

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Flagstone appoints 10x’s Leda Glyptis and Monzo’s Meri Williams to board

UK cash deposit platform, Flagstone, has announced the addition of fintech heavyhitters Leda Glyptis and Meri Williams to its board of directors, ahead of planned Series B funding in 2023.

06 May 2022

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Klarna brings gambling block to open banking payments

Klarna is enabling banks to extend voluntary gambling blocks to open banking-driven payments through its subsidiary, Sofort, using public code developed by Monzo and TrueLayer.

28 April 2022

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IFGS 2022: Taking the pulse of UK fintech

Following welcome addresses from Catherine McGuinness, chair, Policy and Resources Committee, City of London Corporation, and Janine Hirt, CEO, Innovate Finance, the Innovate Finance Global Summit took off with a panel stacked with leading fintech voices.

04 April 2022

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Monzo beats Starling on overdraft requests, claims Built for Mars

Built for Mars’ Peter Ramsay, creator of widely acclaimed UX case studies has released another comparison piece, dissecting the strengths and weaknesses of the overdraft experience provided by challenger bank rivals, Monzo and Starling.

04 February 2022

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Monzo offers staff three months’ paid leave

Monzo intends to revamp employee work-life balance by ensuring staff that have worked for the digital bank for over four years are eligible for sabbaticals lasting three months.

03 February 2022

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Monzo moves out of beta in the US

Despite failing to secure a US banking licence, Monzo has finally moved out of private beta in the country and opened up to the wider public.

01 February 2022

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