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.
Monzo confirms an extension of its Series G funding round, raising £50 million from San Francisco-based venture firm, Octahedron Capital among existing investors.
Tom Blomfield who co-founded Monzo Bank 2015, is leaving the digital bank, citing "challenges" from the pandemic, TechCrunch reported.
After about a year Lisa Nowell joined Monzo as its first chief risk officer, she decided to leave to work as an SME lender Ashman Finance, Sifted reported.
In Boden's new book Banking On It, Starling Bank CEO revealed her version of events that took place back in 2015, which lead to the rise of Tom Blomfield's Monzo bank.
Monzo bank has just launched its second premium account in the last three months as part of an effort to increase revenues and cover deep losses.
Revolut announced that 2020 adjusted revenues, that grew 57% to £261 million. However, operating losses in 2020 have doubled.
Dutch digital bank Bunq managed to close the very first funding round with an undisclosed British private equity firm.
Wise, former TransferWise, is about to go public on the London Stock Exchange through a direct listing.