258 results about this entity
Period: 30 Jun 2015 - 15 Aug 2024
Company announcement/payments
We're making it easier to add money to your Monzo account.
10 July 2020
News/retail
UK challenger Monzo has sealed a £60 million funding round at a valuation of £1.25 billion - a 40% discount on its previous sky high pricetag of £2 billion.
16 June 2020
News/people
Digital bank Monzo is axing up to 120 jobs as it faces up to the economic fallout of the Covid-19 pandemic.
03 June 2020
Many of the UK's leading high street banks have fallen behind their upstart digital rivals when it comes to making it easy and fast to open an account, suggests a review of 12 players' user experience.
25 May 2020
UK neobank Monzo is seeking fresh funding at a reported 40% discount on its previous valuation, according to the Financial Times.
15 May 2020
News/startups
Leading challenger banks in the UK have suffered a significant drop in the number of new app downloads in the wake of the Coronavirus pandemic, according to data compiled by Finbold.
29 April 2020
UK challenger bank Monzo has applied for a US banking licence and is preparing to open a San Francisco office, according to the Telegraph.
23 April 2020
As Covid-19 continues to hit businesses around the world, UK challenger bank Monzo is shutting its customer support office in Las Vegas, with the loss of 165 jobs.
09 April 2020
Company announcement/retail
We're excited to announce that we've launched Monzo Business for web, which lets you manage your business account on your computer or laptop.
03 April 2020
Monzo is offering some of its staffers voluntary furloughs and CEO Tom Blomfield is forgoing his salary for a year as the digital bank looks to weather the Covid-19 storm, according to TechCrunch.
31 March 2020
News/wholesale
A paper published by Revolut, entitled “2020 Vision: Taking a closer look at antiquated business practices”, states that 42% of SMEs are looking to change banks in the next 12 months, owing to changing expectations and demands of businesses.
25 March 2020
UK digital bank Monzo has launched its business banking service, providing free and premium accounts, to assist its goal of reaching profitability in two to three years.
17 March 2020
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