U.K. challenger bank Monzo has closed a funding round with another 60 million pounds ($80.3 million), the same amount as its last funding round from...
We’d hate to spoil the surprise .. so we won’t. Or perhaps it’s more accurate to say “they” didn’t spoil the surprise. Who are “they?”...
Monzo Bank Ltd, the London-based online bank, must now have a capital worth of 13.6 percent of its risk-weighted assets to guard against potential losses....
New Monzo CEO TS Anil said the U.K. company, badly damaged by the pandemic, is hinging on new products to survive, the Financial Times (FT)...
U.K. digital bank Monzo is taking another crack at offering premium online consumer banking accounts with features designed to help account holders create — and...
The stock market swings can be confusing. Public (retail) investors have been, generally speaking, bidding up shares, seemingly shrugging off the lingering impacts of economic...
Online U.K. bank Monzo, fresh off a round of layoffs, has taken a major hit from the coronavirus pandemic, as shown by a funding valuation...
App-based digital challenger banks have been solidifying and expanding customer bases ever since COVID came to town. And while PYMNTS’ latest Provider Ranking of Digital...
U.K. digital bank Monzo will cut 120 jobs due to the impact of the coronavirus, Reuters reports. The news came from an internal note from...