286 results about this entity
Period: 30 Jun 2015 - 28 Aug 2025
News/retail
Monzo is raising a further £50 million in equity funding from existing shareholders and one new investor, Silicon Valley firm Octahedron Capital.
08 February 2021
Monzo will be the first major UK challenger to face the same fate as defunct Australian neo bank Xinja, unless it changes its approach towards a more sustainable future, says GlobalData banking analyst Ketherine Long.
22 January 2021
News/people
Monzo founder Tom Blomfield is to depart the UK challenger bank at the end of the month after admitting that the pressure of growing the firm in the midst of a global pandemic had taken a toll on his mental health.
21 January 2021
Despite racking up millions of customers in recent years, digital challenger banks are still facing a lack of trust among Brits, most of whom do not even have faith that these new lenders will exist in a years' time, two new reports suggest.
10 December 2020
UK challenger bank Monzo has picked up another £60 million in funding from a clutch of new backers including Deliveroo and Stripe investor Novator, Kaiser, and TED Global, as well as existing investor Goodwater.
02 December 2020
News/security
Ticketmaster has been fined £1.25 million over a 2018 data breach which saw the payment details of millions of people compromised, with tens of thousands of cards subjected to known fraud.
13 November 2020
Company announcement
The Current Account Switch Service today publishes the Q3 2020 Dashboard1 reporting the latest switching figures and trends.
29 October 2020
Today we're launching Monzo Premium, our newest account. It's banking that makes a statement, and it comes with our first metal card.
20 October 2020
Starling Bank has joined Monzo in leveling a range of new fees for services relating to its GBP and Euro accounts.
04 September 2020
Monzo is to slap free-loading users with a three percent charge for ATM withdrawals amounting to over £250 per month and a £5 fee for replacing lost cards.
02 September 2020
News/regulation
In a recent consultation paper, the Prudential Regulation Authority (PRA) set out its proposed approach to the supervision of both new and growing non-system UK banks.
24 August 2020
Recent weeks have brought news of differing fortunes for two of the UK’s flagship digital challenger banks. With Starling confidently announcing it would break even by the end of 2020, Monzo has described “the significant doubt” that Covid-19 had cast on the bank’s ability to continue.
18 August 2020
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