Monzo

265 results about this entity

Period: 30 Jun 2015 - 18 Dec 2024

Monzo sets new foreign ATM fees following community consultation

Last month we announced that we needed to explore charging for withdrawing cash from international ATMs, to help cover the fees that until now we’ve been paying.

Monzo fends off suitors as current account upgrade begins

With big tech firms and banks lining up at its door to talk about a potential acquisition, digital challenger Monzo is pressing ahead with the opening of its current account service, inviting all existing users of its pre-paid card to upgrade and opening a waiting list for new applicants.

Monzo runs out of card stock

At Monzo, we aim to be transparent by default, both internally and externally, even when things have not gone as well as we’d like.

Monzo tests in-app energy provider switching feature

Monzo is trialling a feature that lets customers change their energy providers through a feed item in the digital bank's app.

Monzo launches poll on overseas ATM fee levels

Monzo is ditching free overseas ATM withdrawals after concluding that the feature is costing it too much. However, rather than simply imposing a fee, the UK digital bank is now asking customers to vote on how it should charge them.

Monzo embeds in Deliveroo app for bill-splitting

Whether you’re going Dutch on a date night dinner, or ordering takeaway for 10, there are plenty of times when you need to divvy up the cost of a meal.

Monzo appoints Curve co-founder Foster-Carter COO

Curve co-founder Tom Foster-Carter is leaving the London-based fintech startup to take up the COO role at digital bank Monzo, according to TechCrunch.

Monzo boss apologises over "unacceptable" outages

I sent the following email to all Monzo cardholders: I’m writing to apologise for the recent card outages you’ve experienced over the last week.

Monzo treads cautiously as first current accounts come onstream

Digital challenger Monzo has rolled out its first 92 current accounts as part of a staged implementation that will see up to 20,000 of the limited-edition accounts activated in the next three months.

Brits unmoved by new digital challengers

Brits may be the most prolific users of digital banking services across Europe, but only 14% would contemplate switching to an app-based challenger bank, according to a study conducted by Mastercard.

Monzo disables card features as services go awry

UK challenger bank Monzo has disabled card payments for customers after suffering an unspecified issue with a supplier.

Monzo pays a high price for popularity as losses widen to £6.7 million

App-only challenger bank Monzo is looking to move more customers to its forthcoming current account and away from its loss-making pre-paid card service after racking up a pre-tax annual loss of £6.7 million.