Monzo

274 results about this entity

Period: 30 Jun 2015 - 03 Apr 2025

/retail

Monzo business accounts arrive on the PC

We're excited to announce that we've launched Monzo Business for web, which lets you manage your business account on your computer or laptop.

/people

Monzo and Starling furlough some employees

Monzo is offering some of its staffers voluntary furloughs and CEO Tom Blomfield is forgoing his salary for a year as the digital bank looks to weather the Covid-19 storm, according to TechCrunch.

/wholesale

Revolut research: 42% of SMEs are looking to change banks in the next 12 months

A paper published by Revolut, entitled “2020 Vision: Taking a closer look at antiquated business practices”, states that 42% of SMEs are looking to change banks in the next 12 months, owing to changing expectations and demands of businesses.

/wholesale

Monzo moves into business banking

UK digital bank Monzo has launched its business banking service, providing free and premium accounts, to assist its goal of reaching profitability in two to three years.

/retail

Monzo and RBS to allow customers to monitor credit score for free

UK banks Monzo and RBS are to enable customers to check their approval ratings for loan applications by looking up their credit score for free through the mobile banking app.

/retail

Monzo to revisit paid accounts after aborted 2019 attempt

UK digital bank Monzo is planning to relaunch its paid-for account, having ditched it in September last year owing to poor customer feedback.

/regulation

FCA requests explanation on banks’ ‘harmful’ overdrafts

The Financial Conduct Authority has called for industry feedback on overdraft pricing in an open letter, as major banks align overdraft rates at around 40%.

/retail

Monzo and Starling among account switching winners

Just five UK banks, two of them challengers, managed a net gain of customers in the third quarter of 2019, according to figures from the Current Account Switch Service.

Fewer than one in 10 Brits use digital-only banks

Only eight per cent of people in Britain use app-only banks like Monzo and Starling, with a majority preferring to stick with the mobile offerings from high street giants.

Monzo connects to Yolt Pay

Yolt, the smart thinking money app, has announced that one of its newest features, Yolt Pay, is now available to Monzo account holders.

/retail

Monzo co-founder quits to farm alpacas

Monzo co-founder and deputy CEO, Paul Rippon, is stepping down from his role at the UK challenger to farm alpacas with his wife in Northumberland.

/crime

RDC and Monzo expand anti-money laundering partnership for bank’s US launch

RDC (Regulatory DataCorp) has renewed its agreement with Monzo, the UK’s fastest-growing bank, in a deal that will see the company’s next-generation customer screening technology extended to cover the bank’s US launch.