Monzo

265 results about this entity

Period: 30 Jun 2015 - 18 Dec 2024

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

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

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

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, 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.

Monzo gears up for current accounts after receiving full banking license

UK digital challenger Monzo has had its banking restriction lifted, enabling it to start bringing current accounts to its users.

Monzo attracts largest-ever crowd for £2.5 million round

Digital challenger bank Monzo has completed its £2.5 million crowdfund raise, attracting a record-breaking 6500 investors to the funding round on Crowdcube.

Monzo faces second tech issue in a week

Engineers at app-only bank Monzo are back on the fire-fighting front line for the second time in a week as they grapple to fix issues relating to incorrect payment displays with the startup's mobile app.

Monzo to move card processing inhouse following outage

Digital challenger Monzo is to move card processing inhouse after a severe outage at its current third party service provider left customers high and dry for most of Sunday.

Monzo blows past £2.5 million crowdfunding target

UK challenger bank Monzo surpassed its crowdfunding target raise of £2.5 million within four hours of opening for pre-registration.