Monzo reported net operating income of £214.5 million ($266.1 million) in the year ending February 2023, almost doubling its results year-over-year. One of the most prominent U.K. digital banks, Monzo ...

Monzo has surpassed 15 million customers, as it supports them across a growing range of demographics and needs - from saving ...

Digital banking provider Monzo Bank Ltd. today disclosed that it has completed a secondary sale at a $5.9 billion valuation. A secondary sale is a transaction that allows a startup’s employees and ...

Rebecca Crook explains what the leading incumbent UK banks can learn from challenger neobanks on improving the payment ...

For those you read Part 1 of last week's long Monzo deep dive you know what’s coming. For folks new to Fintech: Under the Hood, I highly recommend you start by reading last week’s edition if you haven ...

Digital banks - online-based with no physical branches - have become very popular in the UK in recent years. According to research from Finder, around 40 per cent of UK adults already have a digital ...

British group joins growing ranks of neo-banks but customers, for now, still seem committed to keeping some link with pillar ...

Monzo, a U.K. bank with a U.S. fintech presence, suffered a two-hour disruption on Tuesday that degraded core banking services for thousands of customers. The disruption began at 10:31 a.m. ET and ...

Monzo, a top digital bank serving the UK and the US, has surpassed seven million customers, according to an investor update posted on the Monzo community forum. The post indicates that Monzo has been ...

Monzo, the online bank, has gone down for thousands of users leaving them unable to use the app properly. Messages on the banking app tell users: ‘We’re experiencing issues, we’ll let you know when ...

Thousands of Monzo customers have reported having difficulties accessing the bank's mobile app. Platform outage monitor Downdetector saw more than 4,000 reports from users complaining of problems on ...

Monzo, the online bank, briefly stopped working properly on Tuesday. The app made clear that it is having “issues” that have stopped many of its central features from working. But the core tools – ...