Tags Monzo
Tag: Monzo
Monzo Achieves Record Revenue Growth, On Track to Break Even in 2023
The neobank has experienced a significant increase in revenue over the past year, according to an investor update seen by Sifted.
Tencent takes stake in Monzo Bank
The tech giant from China Tencent has taken a minor stake in Monzo Bank after joining Monzo's latest funding round.
Monzo valuation hits $4.5 billion
British digital bank Monzo has hit $4.5bn valuation after a $500m funding round.
Freetrade and Monzo partnered to offer free shares
Subscribers for Monzo Plus and Premium options will be eligible for three free shares thanks to a partnership with Freetrade.
Monzo abandons application for US banking license
British challenger bank Monzo decided to withdraw from the application for a U.S. banking license.
Monzo is about to enter buy now, pay later market
Challenger bank Monzo is set to compete with other fintech companies like Klarna or PayPal and offer buy-now-pay-later (BNPL) services.
Monzo reported £130M annual loss and is under investigation by FCA
The UK challenger Monzo bank has recently reported £130M in pre-tax losses up from £114 million in the same period in 2020.
Tom Blomfield takes board post at FinTech company
Tom Blomfield who co-founded Monzo Bank in 2015, left the digital bank, citing “challenges” from the pandemic and now he is taking a position in Generation Home.
Monzo bank will provide paid leave after pregnancy loss
Monzo is only one of the few UK companies that offer paid leave for their employees who experienced the loss of a pregnancy.
Monzo partnered with RAC to enhance its premium options
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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