Monzo

EU Neobanks Target Gen Z With US Expansion

EU Neobanks Target Gen Z With US Expansion
EU Neobanks Target Gen Z With US Expansion
October 01, 2025  |  Banking

Neobanks that built their reputations in Europe are now accelerating their expansion across borders, with the United States squarely in their sights. The U.S. offers...

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Monzo Becomes Latest Bank Tackling Mobile Phone Market
Monzo Becomes Latest Bank Tackling Mobile Phone Market
August 18, 2025  |  Banking

Add Monzo to the growing list of digital banks exploring the mobile phone market. The U.K. FinTech is weighing the launch of its own digital SIM and...

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Monzo Surpasses 13 Million Customers as Business Clients Grow
Monzo Surpasses 13 Million Customers as Business Clients Grow
August 06, 2025  |  Banking

British digital bank Monzo says it now has more than 13 million customers. The company announced Wednesday (Aug. 6) that it now serves 12.5 million...

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FCA Fines Monzo $28.5 Million for Accepting ‘Implausible’ Customer Info
FCA Fines Monzo $28.5 Million for Accepting ‘Implausible’ Customer Info
July 08, 2025  |  Legal & Regulation

Monzo, a digital bank in the United Kingdom, was fined 21,091,300 pounds (about $28.5 million) for deficient financial crime controls. The U.K.’s Financial Conduct Authority...

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Neobank Monzo Revenue Leaps 48% as Customers Adopt New Financial Services
Neobank Monzo Revenue Leaps 48% as Customers Adopt New Financial Services
June 02, 2025  |  Banking

British digital bank Monzo grew during its fiscal year 2025 as customers adopted more of the growing number of financial services it offers. Compared to...

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Revolut and Other FinTechs Making Push Into Telecom Sector
Revolut and Other FinTechs Making Push Into Telecom Sector
May 04, 2025  |  Connected Economy

Companies in the FinTech sector are making inroads into the telecom world. That’s according to a report Sunday (May 4) by the Financial Times (FT),...

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Monzo Debuts Tool to Ease Shared Expense Awkwardness
Monzo Debuts Tool to Ease Shared Expense Awkwardness
March 24, 2025  |  Digital Payments

United Kingdom FinTech Monzo debuted a tool to help consumers share expenses with friends and family. Monzo Split is aimed at solving what the company...

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Monzo CEO and Board Reportedly at Odds on IPO Location
Monzo CEO and Board Reportedly at Odds on IPO Location
January 21, 2025  |  Banking

While Monzo wants to go public, its leadership reportedly can’t agree on where to list. That’s according to a report Tuesday (Jan. 21) by the...

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