Monzo

265 results about this entity

Period: 30 Jun 2015 - 18 Dec 2024

/retail

Monzo Plus and Premium customers qualify for free shares with Freetrade referral deal

Investing can be a good way to grow your savings over the long-term.

/regulation

Monzo abandons plan to acquire US banking licence

Monzo has been forced to abandon its bid to acquire a US banking licence following a fruitless two-year discourse with regulatory authorities.

/startups

Former Monzo staffers snag $4.7 million for incident response startup

Established by three former Monzo staffers, incident response and recover startup incident.io has raised $4.7 million from Index Ventures, Point Nine, and a host of angel investors.

/retail

Monzo adds card payments to Pots

Monzo subscribers can now make card payments from their saving 'Pots' with the digital bank.

/payments

Monzo applies fashionable BNPL sheen to old fashioned credit line

Monzo's much heralded buy now, pay later product appears to be more akin to an old-fashioned pre-approved line of credit, giving customers the option to pay off loans interest free over three instalments or incur a 19% APR interest rate for longer instalment plans.

/payments

Monzo makes BNPL move

UK digital challenger Monzo is the latest to jump aboard the increasingly crowded buy now, pay later train.

/regulation

Monzo warns over going concern status as losses mount; FCA investigates AML controls

Digital bank Monzo has issued another warning about its ability to continue as a going concern after reporting a £115 million loss for 2020/21.

/retail

Starling flies high in account switching race

There was a sharp uptick in the number of Brits switching their current account provider in the second quarter, with Starling Bank the biggest beneficiary.

/retail

Researchers use bank data to understand how to reduce gambling-related harm

After analysing behavioural data from HSBC and Monzo customers, UK charity GambleAware has published a guide for financial services firms looking to help vulnerable customers.

/regulation

CMA warns Monzo over banking transaction history breaches

The UK's competition watchdog has issued a warning to Monzo after it breached a rule requiring it to send banking transaction histories to over 143,000 former account holders.

/retail

Monzo donates surplus laptops to local schools

Today we're launching our partnership with Open Palm - a charity dedicated to supporting underfunded schools and their students in the UK. We're working with them to donate our surplus tech to local schools.

/retail

Atom Bank's valuation set to halve on latest funding round

Atom Bank's pitch to raise £40 million from existing investors is likely to lead to a sharply discounted valuation for the app-based lender, underscoring the difficulties faced by neo banking startups in attracting investors.