Monzo

258 results about this entity

Period: 30 Jun 2015 - 15 Aug 2024

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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

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 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

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

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.

Monzo to solve KYC compliance challenge with Jumio

Jumio, the creator of Netverify Trusted Identity as a Service (TIaaS), has today announced a partnership with Monzo, which will see the digital challenger bank use Netverify to help verify new and existing customers.

Monzo may have to freeze some accounts under new money laundering rules

Monzo may have to freeze some accounts under new money laundering rules

Digital challenger bank Monzo is warning 20,000 customers that it may have to temporarily freeze their accounts if they fail to provide additional verification information under new money laundering regulations.

Monzo hits 200,000 users; £250 million spent

As of this weekend, more than a quarter of a billion pounds has been spent through Monzo cards by more than two hundred thousand customers!

Monzo puts API development on the back burner

Monzo puts API development on the back burner

Digital bank Monzo is putting its API developer plans on ice as it faces up to the challenge of launching current accounts for its 190,000 customers.

Monzo implements P2P payments with Android Pay and Chrome

Monzo.me just got an upgrade! From today, if you visit a Monzo.me page on a phone or tablet that has Android Pay, you’ll be able to pay your friends and family even faster. No typing required and it should take less than 15 seconds.

Monzo opens doors to community collaboration

Monzo opens doors to community collaboration

Digital challenger bank Monzo has earmarked a dedicated space in its East London headquarters building as a collaborative community room, to host events and test out new ideas with its growing membership base.

Flux aims to re-imagine paper receipts

Flux aims to re-imagine paper receipts

Flux, a fintech startup founded by three of the first four employees of money transfer firm Revolut, has begun pilot trials of a service to convert paper til receipts to mobile data services in partnership with retail chains Eat and Bel-Air and digital challenger bank Monzo.

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