Monzo

255 results about this entity

Period: 30 Jun 2015 - 06 Aug 2024

/retail

Monzo hits ten million personal customers

Leading digital bank Monzo today announces that it has surpassed 10 million personal customers in the UK as it continues on its mission to make money work for everyone.

/retail

Monzo adds interest to Savings Jars in US

Monzo, the mobile banking app, has announced the launch of interest on Savings Jars, designed to supercharge the savings of customers across the US.

/retail

Monzo banks on Grow with SAP

SAP SE (NYSE: SAP) today announced that Monzo, the UK’s largest digital bank, has selected GROW with SAP.

/retail

Monzo launches pensions product

UK challenger bank Monzo is further diversifying its product range with the launch of a new pension conolidation product that tracks down old pensions and brings them into one fund in the Monzo app.

/retail

Monzo to launch bank account for children

UK digital bank Monzo has unveiled a new account package for children between the ages of six and 15.

/security

Monzo introduces trio of new fraud controls

Monzo has introduced a trio of security controls to help customers diminish the prospect of fraudulent payments out of their accounts from phone theft, shoulder surfing or impersonation scams.

/retail

Monzo achieves first full year of profitability

UK digital bank Monzo is preparing to expand into the US and Europe after reporting its first full year of profitability, achieving a pre-tax profit of £15.4m for the financial year ended 31 March 2024.

/retail

Monzo raises further $190 million

Challenger bank Monzo has raised another $190 million with support from Hedosophia, an early backer of Airbnb and Uber, Alphabet fund Capital G, and Singapore's Government Investment Corporation (GIC).

/retail

Monzo set to raise further £500 million

UK digital bank Monzo is reportedly putting the finishing touches to a new £500 million fund raise with support from Hedosophia, an early backer of Airbnb and Uber.

/retail

Monzo offers customers free sausage rolls in premium subscription drive

Monzo is enticing customers to shell out for a new range of premium accounts, offering benefits such as a free weekly snack at Greggs and discounted train travel.

/payments

Monzo ‘takes 20% of Buy Now Pay Later market’ in a year

A new study indicates the online bank Monzo has recently transformed into a major provider of buy-now-pay-later (BNPL) credit, going from almost zero to 20% of the market in one year.

/startups

Fintech funding slides to 7-year low

Global funding in the fintech sector has fallen to its lowest level since 2017, according to newly published research.