278 results about this entity
Period: 30 Jun 2015 - 02 Jun 2025
News/retail
British challenger bank Monzo has completed a heavily-trailed $400 million funding round, boosting its valuation to $5 billion.
05 March 2024
British challenger bank Monzo is set to raise as much as £350 million in a funding round that would value the business somewhere between £3.5-£4 billion as it steers a path towards profitability.
20 February 2024
Digital challenger bank Monzo now has more than nine million personal account customers, with two million joining in 2023 alone.
14 February 2024
For GBP to EUR, Wise reports that HSBC has the highest fee for exchange rates (3.7%), followed by Lloyds at 3.6%, Barclays at 2.75%, and NatWest, TSB and Santander all at 2.5%.
19 January 2024
Monzo's end-of-year Wrapped campaign informing customers of how they've spent their money this year has prompted an outpouring of hand-wringing shame and anger on social media.
18 December 2023
News/people
Monzo co-founder and former chief technology officer Jonas Templestein is quitting the app-only bank after nine tumultuous years.
04 December 2023
Alphabet-backed fund Capital G is in talks to acquire a stake in Monzo as part of a funding round that could raise up to £500 million at a £4 billion valuation for the UK digital bank, according to Sky News.
20 November 2023
Company announcement/retail
With the nation gearing up for the busiest spending season of the year, digital bank Monzo has today launched a new cashback feature, where customers can reap the rewards for shopping with a wide range of everyday merchants.
09 November 2023
Monzo has hired Phoebe Chibuzo Hugh, the founder of digital insurance startup Brolly, to lead a push by the challenger bank into the insurance market.
06 November 2023
News/security
Monzo and Starling are among the lowest scoring firms for reimbursing victims of authorised push payment fraud, according to 2022 data published by the Payment Systems Regulator.
31 October 2023
UK digital challenger bank Monzo is in talks to raise £300 million in funding at a valuation of more than £3.5 billion, according to Sky News.
27 October 2023
UK digital challenger bank Monzo has hired former Cash App global product head Conor Walsh to lead a renewed push into the US market.
04 October 2023
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