Monzo

265 results about this entity

Period: 30 Jun 2015 - 18 Dec 2024

Monzo drops plans to join UK cheque image clearing system

Digital challenger bank Monzo has abandoned efforts to join the UK's cheque image clearing system in order to focus instead on its business banking efforts.

Monzo to begin Beta testing of business acounts

Monzo has opened a waiting list for its up-and-coming business accounts, accepting the first 100 applicants for Beta testing.

Monzo goes live with Flux digital receipts

Thanks to our partnership with Flux, you’ll now be able to see receipts for purchases at selected retailers in your Monzo app!

Monzo brings in industry vet Hoffman as chairman

UK app-based bank Monzo has a new chairman: Gary Hoffman, an industry veteran who steered Northern Rock through its emergency bailout a decade ago.

/startups

Move over Monzo?

Fintech startup Viola Black is trading on the popular buzz surrounding hip UK challenger Monzo to promote its pre-paid card and mobile money management app.

Monzo raises £20 million in just two days

UK app-based bank Monzo has completed its latest crowdfunding exercise, raising £20 million on Crowdcube in just two days, two hours and 45 minutes.

/retail

Monzo preps £20m crowdfunding campaign

UK challenger bank Monzo is going back to the crowdfunding well, seeking up to £20 million from ordinary punters to top up a more traditional recent £85 million funding round.

Monzo eye business banking opportunity

Monzo is planning to open a business bank account, adding to the growing list of contenders for dole outs from the Royal Bank of Scotland bail-out fund.

Monzo joins with Financial Capability Lab to test new services

The UK’s Financial Capability Lab, a collaboration between the Money Advice Service and the Behavioural Insights Team, today announced a partnership with mobile-only challenger bank, Monzo, to develop new technologies that increase the financial wellbeing and capability of UK consumers.

/retail

Monzo to offer cash deposits via PayPoint

PayPoint has announced today that challenger bank, Monzo, has chosen PayPoint’s cash payments solution for its current account holders. Beginning Wednesday 21 November, customers will be able to deposit up to £300 cash directly into their Monzo account in a single transaction at any of PayPoint’s 28,000 convenience stores nationwide.

Monzo achieves Unicorn status

App-based banking startup Monzo is joining the Unicorn club on the back of a new £85 million funding round that values the three-year old banking newcomer at over £1 billion

Current account switching: TSB the biggest loser; challengers beat big incumbents

The UK's TSB shed over 16,000 customers in the past quarter as it continued to grapple with the fall out from its botched IT upgrade.