Monzo

UK Competition Watchdog Issues Second Warning to Monzo Over Breach of Retail Banking Regulations
UK Competition Watchdog Issues Second Warning to Monzo Over Breach of Retail Banking Regulations
February 01, 2022  |  Regulation

The United Kingdom’s competition watchdog has issued a warning to U.K. challenger bank Monzo over a breach of retail banking regulations under the Retail Banking...

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UK Neobanks Show Potential for 2022 with Major Fundraising and Expansion Plans
UK Neobanks Show Potential for 2022 with Major Fundraising and Expansion Plans
January 07, 2022  |  Digital-First Banking

Despite the legal and pandemic-related business challenges that have plagued neobanks in the United Kingdom in recent months, the challenger bank space in Europe is...

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EMEA Daily: UK’s Lloyds Acquires Stake in Loyalty App Bink, European Giants Consolidate in Delivery Space
EMEA Daily: UK’s Lloyds Acquires Stake in Loyalty App Bink, European Giants Consolidate in Delivery...
January 03, 2022  |  International

In today’s top Europe, Middle East and Africa news, U.K. high street bank Lloyds has acquired a stake in loyalty app Bink, while European giants...

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US Dreams Dashed But UK and EU Neobanks Brim With Potential in 2022
US Dreams Dashed But UK and EU Neobanks Brim With Potential in 2022
January 03, 2022  |  Digital Banking

Despite legal and pandemic-related business challenges, the challenger bank space in the United Kingdom and European Union is brimming with potential, buoyed by growing investor...

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China’s Tencent Takes Stake in UK Challenger Bank Monzo
China’s Tencent Takes Stake in UK Challenger Bank Monzo
January 02, 2022  |  Digital-First Banking

Tencent, the Chinese-based tech group, has a new stake in Monzo, which shows a big recovery in Monzo’s fortunes as it’s now valued at $4.5...

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EMEA Daily: UK Digital Bank Monzo Snags $500M at $4.5B Valuation; Amazon to Appeal $1.3B Italy Antitrust Case
EMEA Daily: UK Digital Bank Monzo Snags $500M at $4.5B Valuation; Amazon to Appeal $1.3B...
December 09, 2021  |  International

In today’s top Europe, Middle East and Africa news, U.K. digital bank Monzo has snagged $500 million at a $4.5 billion valuation, and Amazon plans...

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UK Digital Bank Monzo Raises $500M at $4.5B Valuation as it Readies for Crypto
UK Digital Bank Monzo Raises $500M at $4.5B Valuation as it Readies for Crypto
December 09, 2021  |  Digital-First Banking

U.K. challenger bank Monzo is raising more than $500 million (£377m) at a valuation of $4.5 billion (£3.4bn) as it gets ready to take a...

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UK Bank Monzo Seeks to Raise $411M on Possible $4.1B Valuation
UK Bank Monzo Seeks to Raise $411M on Possible $4.1B Valuation
October 27, 2021  |  Digital Banking

The British digital bank Monzo has begun talks in hopes of raising at least $411 million (£300m) with eyes on a possible valuation of $4.1...

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Challenger Bank Monzo Abandons US Banking License Application
Challenger Bank Monzo Abandons US Banking License Application
October 04, 2021  |  Digital-First Banking

London-based FinTech company Monzo has pulled back its application for a U.S. banking license, according to a Monday (Oct. 4) report from CNBC. Get the...

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