Monzo

265 results about this entity

Period: 30 Jun 2015 - 18 Dec 2024

/retail

Monzo extends gambling block to payments made via Open Banking

Monzo is stepping up its mission to help customers struggling with gambling addiction, teaming up with TrueLayer to extend the block to Open Banking-enabled payments.

/regulation

Monzo calls for mandatory gambling blocks on all UK bank accounts

Monzo has called on the UK Government to mandate the use of gambling access blocks on all UK bank accounts.

/people

Monzo hires Carol Nelson as US CEO

Monzo has recruited Carol Nelson to take over from TS Anil as CEO of its fledgeling US operation.

/retail

Monzo on course to raise a further £50 million

Monzo is raising a further £50 million in equity funding from existing shareholders and one new investor, Silicon Valley firm Octahedron Capital.

/retail

Could Monzo suffer the same fate as doomed Australian challenger Xinja?

Monzo will be the first major UK challenger to face the same fate as defunct Australian neo bank Xinja, unless it changes its approach towards a more sustainable future, says GlobalData banking analyst Ketherine Long.

/people

Monzo founder Blomfield exits as pandemic takes toll

Monzo founder Tom Blomfield is to depart the UK challenger bank at the end of the month after admitting that the pressure of growing the firm in the midst of a global pandemic had taken a toll on his mental health.

/retail

Brits still wary of trusting neobanks

Despite racking up millions of customers in recent years, digital challenger banks are still facing a lack of trust among Brits, most of whom do not even have faith that these new lenders will exist in a years' time, two new reports suggest.

/retail

Monzo pockets another £60 million in funding

UK challenger bank Monzo has picked up another £60 million in funding from a clutch of new backers including Deliveroo and Stripe investor Novator, Kaiser, and TED Global, as well as existing investor Goodwater.

/security

Ticketmaster fined £1.25m over data breach that led to fraud on thousands of cards

Ticketmaster has been fined £1.25 million over a 2018 data breach which saw the payment details of millions of people compromised, with tens of thousands of cards subjected to known fraud.

Starling and Monzo top the charts for currrent account switchers

The Current Account Switch Service today publishes the Q3 2020 Dashboard1 reporting the latest switching figures and trends.

Monzo launches £15 per month Premium account

Today we're launching Monzo Premium, our newest account. It's banking that makes a statement, and it comes with our first metal card.

/retail

Starling Bank follows Monzo with new charging structure

Starling Bank has joined Monzo in leveling a range of new fees for services relating to its GBP and Euro accounts.