Monzo

Monzo defers plan to join cheque image clearing system

British challenger bank Monzo has postponed its plans to join the nation’s cheque image clearing system. Instead, the bank now…

Monzo partners OakNorth to launch interest paying saving accounts

British challenger bank Monzo has tied up with local fintech firm OakNorth to launch a suite of savings accounts that…

Digital banking outfit Monzo to create over 300 jobs in Cardiff

UK-based digital bank Monzo is set to launch a customer support centre in Cardiff, which will result in the creation…

Monzo, Financial Capability Lab to develop new banking technologies

UK-based mobile only bank Monzo has partnered with the UK’s Financial Capability Lab to develop and test new banking technologies.…

Monzo introduces joint accounts

UK-based digital bank Monzo has launched joint accounts which will be available for all its customers. The company in a…

Monzo receives approval to expand to Ireland

Monzo, a UK-based digital bank, has received the regulatory approval to operate in the Republic of Ireland. The bank gained…

Monzo to shut down prepaid card programme in April

British digital challenger bank Monzo has announced that it will shut down its prepaid Mastercard programme in early April this…

Monzo reinstates debit card top-up feature despite being expensive

British digital challenger bank Monzo has reinstated the much sought-after feature that allows users to top up their account from…

Monzo plans to open office in Cardiff

British digital challenger bank Monzo is gearing up to expand its business beyond London headquarters with plans to open a new…

UK digital lender Monzo secures £71m in funding

British mobile-only bank Monzo has raised £71m in its latest round of funding, which doubles its valuation to £280m. Participants…