Tags Monzo bank
Tag: monzo bank
British digital bank Revolut has recorded a 37% increase in downloads of its Android app, new data shows.
Subscribers for Monzo Plus and Premium options will be eligible for three free shares thanks to a partnership with Freetrade.
The UK challenger Monzo bank has recently reported £130M in pre-tax losses up from £114 million in the same period in 2020.
Monzo is only one of the few UK companies that offer paid leave for their employees who experienced the loss of a pregnancy.
Monzo has reached a combined total of 135,000 customers for its two premium bank account options since their launch in 2020 and now it extends their benefits.
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This means the London-based digital bank is now offering deposit protection of up to € 100,000 to local customers in the particular markets.
The CEO Anne Boden says the company won’t advertise on Facebook or Instagram ‘alongside scammers who are going after the savings of our customers.
The Monetary Authority of Singapore (MAS) has given permission to Revolut to allow customers to trade gold and silver on its platform.