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
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.
Monzo Aims for £4 Billion Valuation
Monzo, a fintech unicorn based in the United Kingdom, is set to achieve a £4 billion valuation as part of its latest funding round.
Monzo Introduces Investments Powered by BlackRock
British banking challenger Monzo teams up with one of the world’s largest fund managers BlackRock to make investing easier and more accessible.
Monzo Evaluates Possible Merger With Lunar
The British mobile bank Monzo is currently assessing the potential prospects of a merger with the Danish financial institution Nordic peer Lunar Group A/S, as reported by the media concerning sources aware of the relevant intentions of the digital lender.
UK Neobank Monzo Records First Monthly Profits
British neobank Monzo said that it managed to achieve profitability.
Investment Banks Approach Monzo Over IPO
Investment banks have approached the British bank Monzo about a potential initial public offering of shares.
Top Neobanks 2022
Free debit cards, digitised account opening, personal finance advisory, instant payments, and many more features prompt retail customers and SMEs to choose neobanks over legacy institutions
Starling and Monzo have topped the rating of personal and business current account providers in the UK
A survey of thousands of individuals and small businesses shows that British challengers Starling and Monzo provide the best service quality amid the cost of living crisis
MoneyLIVE Autumn Festival: Launches both virtually and in-person this October and November, featuring all-star speaker line-up
MarketforceLive is delighted to announce the launch of the MoneyLIVE Autumn Festival 2021! With virtual episodes PLUS the highly anticipated Big Meet-up, which will bring the banking community back together face-to-face, giving you the option to create the right festival experience for you this year. The first part of the festival experience includes The Virtual Episodes. Tune […]
Monzo enters into partnership to offer free shares for subscribers
Since Monzo does not have a US banking license, it will focus on investing in operations in the UK with the probability of more launches
Monzo and Wise partnered to enhance cross-border transfers
Monzo’s international transfers just got smoother
Best British neobanks for non-UK residents
Being an “alien” in a foreign country is pretty difficult, but being an unbanked foreigner may be even harder
Amex bank accounts are now visible in Monzo
Monzo Plus allows connecting 14 bank accounts and credit cards
Monzo to charge two new fees starting next month
The company says new fees will only affect a minority of customers
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