Nubank Denies Reports It Is Pursuing Monzo Acquisition
Nu Holdings, the parent company of Nubank, has officially denied media reports that it is pursuing a transaction with UK digital bank Monzo.
Monzo
Nubank in Early-Stage Talks to Buy Monzo for Over $10.6B
Brazilian fintech powerhouse Nubank is quietly weighing a takeover of UK challenger Monzo in a blockbuster deal that could value the London-based digital bank at as much as $10.6 billion.
Payments Weekly: Top 5 Stories You Might Have Missed
This week’s essential reads: India tightens data rules for fintechs, Airwallex takes on Stripe in the physical world, Senator Warren questions X Money’s stablecoin ambitions, Monzo opens up in Ireland, and dLocal plugs emerging-market remittance gaps.
Banking Digest: Open Finance Goes Global as Fintechs Chase Licenses and Rewrite the Map
The past two weeks have delivered a concentrated burst of banking news that, taken together, paint a revealing portrait of where the industry is heading: data-sharing frameworks are maturing into serious economic infrastructure, challenger banks are sharpening their geographic focus, and fintechs from Lagos to Idaho are trading operational workarounds for proper banking licences. Here […]
Monzo Tops UK Banks for Wrongly Denying Scam Refunds in 2025, Ombudsman Data Shows
In 2025, newly released data from the independent Financial Ombudsman Service (FOS) revealed that Monzo, one of the UK’s largest digital banks, had the highest rate of overturned decisions in fraud and scam refund complaints among major lenders.
Monzo Secures EU Banking Licence, Sets Stage for Major European Expansion
UK digital bank Monzo has taken a decisive step in its international growth strategy by securing a full EU banking licence and opening a customer waitlist in Ireland.
Monzo Reaches 14M Customer Milestone Driven by Business Offerings and Strong Engagement
Popular neobank Monzo has passed the 14-million-customer mark, adding the latest two million in just six months — a milestone that highlights how quickly the UK fintech continues to scale.
Europe’s Challengers Cross the Atlantic: Why Neobanks Are Racing to the U.S.
Fintechs and neobanks nurtured and grown on European grouds are increasingly getting on their feet and sharpening focus on the U.S. market. Here’s why.
Monzo Opens Waitlist for Built-In Tax Filing With Making Tax Digital
Powered by Sage technology, Monzo Making Tax Digital in-built tax filing tool will enable sole traders and landlords to file taxes directly to HMRC from their Monzo Business bank account, as HMRC’s new rules come into effect in April 2026.
Monzo Introduces Payment Reversal Option
Monzo customers may now have up to a minute to decide whether they want a transaction to proceed, thanks to the new payment reversal feature.
Monzo Introduces Contents Insurance
A study by Monzo revealed that half of UK renters either lacked contents insurance or were unaware of its existence altogether.
Monzo Debuts New Tool
Fintech industry player Monzo, which is based in the United Kingdom, announced the launch of a new tool that consumers can use to share expenses with friends and family.
Neobank Monzo Customer Base Exceeds 10 Million
Digital bank Monzo, which is based in the United Kingdom, reported that the number of its customer base exceeded the 10 million mark.
Monzo Reports First Profitable Year
Neobank Monzo has recorded the first profitable year in its entire history, as a result of which this virtual lender, relying on positive financial indicators, is now planning to scale up its activities.
Monzo Raises $190 Million
British neobank Monzo on Wednesday, May 8, announced that it had managed to raise investments for $190 million.
Neobank Monzo Raises $430 Million
Digital bank Monzo, which is based in the United Kingdom, on Tuesday, March 5, announced that it had managed to raise new capital for $430 million from investors.
