Monzo

Monzo Security Flaw Affects 500K Customers
Monzo Security Flaw Affects 500K Customers
August 05, 2019  |  Banking

Monzo, one of the world’s largest digital banks, discovered a security flaw and is now asking half-million of its customers to change their personal identification...

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Monzo’s Valuation Now At £2 Billion
Monzo’s Valuation Now At £2 Billion
June 25, 2019  |  Fintech Investments

Monzo, a London-based digital bank, has raised £113m in new funding as of this week, bringing the firm’s total valuation to £2 billion at the...

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In UK, FinTech Alliance Launches
In UK, FinTech Alliance Launches
June 18, 2019  |  B2B Payments

Collaborative efforts between FinTech firms and traditional financial firms continue to gather steam. In the U.K., the FinTech Alliance debuted with more than 500 members....

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UK Digital Bank Monzo Crosses Pond To US
UK Digital Bank Monzo Crosses Pond To US
June 13, 2019  |  Banking

Digital bank Monzo, based in the United Kingdom, is crossing the pond. Reuters reports that the company has reached U.S. shores, debuting with what is...

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Revolut FinTech Gets Twice The Complaints Of Rival Monzo
Revolut FinTech Gets Twice The Complaints Of Rival Monzo
May 27, 2019  |  Digital Banking

Revolut, the U.K. FinTech, has more than double the complaints from customers that rival Monzo received during the years between 2015 and 2018. The Financial...

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B2B Venture Capital Spans SMB Banking, V-Cards, Global Payments And More
B2B Venture Capital Spans SMB Banking, V-Cards, Global Payments And More
April 12, 2019  |  B2B Payments

Investors backed a range of B2B FinTechs this week operating in areas including accounting, cross-border payments, virtual cards, expense management, cybersecurity and more. In total,...

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Monzo Bank Valuation To Reach £2bn With US Investment
Monzo Bank Valuation To Reach £2bn With US Investment
April 08, 2019  |  Banking

U.K. digital bank Monzo is set to raise new funds that could double its valuation to £2 billion, making it the second-largest FinTech startup in...

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UK Digital Bank Monzo Eyes Expansion, Tests SMB Accounts
UK Digital Bank Monzo Eyes Expansion, Tests SMB Accounts
February 11, 2019  |  Banking

Monzo, a digital bank out of London, wants to expand past just mobile-based personal banking customers to small and medium-sized businesses (SMBs).   “This week,...

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FinTechs Raised A Record $39.57B In VC Funding Last Year
FinTechs Raised A Record $39.57B In VC Funding Last Year
January 29, 2019  |  Fintech Investments

Financial technology startups were able to raise $39.57 billion in venture funding last year, marking a 120 percent increase from 2017. Reuters, citing data from...

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