Monzo

China’s Tencent Takes Stake in UK Challenger Bank Monzo

China’s Tencent Takes Stake in UK Challenger Bank Monzo
China’s Tencent Takes Stake in UK Challenger Bank Monzo
January 02, 2022  |  Digital-First Banking

Tencent, the Chinese-based tech group, has a new stake in Monzo, which shows a big recovery in Monzo’s fortunes as it’s now valued at $4.5...

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EMEA Daily: UK Digital Bank Monzo Snags $500M at $4.5B Valuation; Amazon to Appeal $1.3B Italy Antitrust Case
EMEA Daily: UK Digital Bank Monzo Snags $500M at $4.5B Valuation; Amazon to Appeal $1.3B...
December 09, 2021  |  International

In today’s top Europe, Middle East and Africa news, U.K. digital bank Monzo has snagged $500 million at a $4.5 billion valuation, and Amazon plans...

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UK Digital Bank Monzo Raises $500M at $4.5B Valuation as it Readies for Crypto
UK Digital Bank Monzo Raises $500M at $4.5B Valuation as it Readies for Crypto
December 09, 2021  |  Digital-First Banking

U.K. challenger bank Monzo is raising more than $500 million (£377m) at a valuation of $4.5 billion (£3.4bn) as it gets ready to take a...

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UK Bank Monzo Seeks to Raise $411M on Possible $4.1B Valuation
UK Bank Monzo Seeks to Raise $411M on Possible $4.1B Valuation
October 27, 2021  |  Digital Banking

The British digital bank Monzo has begun talks in hopes of raising at least $411 million (£300m) with eyes on a possible valuation of $4.1...

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Challenger Bank Monzo Abandons US Banking License Application
Challenger Bank Monzo Abandons US Banking License Application
October 04, 2021  |  Digital-First Banking

London-based FinTech company Monzo has pulled back its application for a U.S. banking license, according to a Monday (Oct. 4) report from CNBC. Get the...

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Barclays Hit in Phishing Scam Using Monzo Account, PISP
Barclays Hit in Phishing Scam Using Monzo Account, PISP
October 03, 2021  |  Security & Fraud

Millions of pounds were swiped from Barclays accounts in a phishing scam by a fraudster using a Monzo account and a payments initiation service provider...

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U.K. Digital Bank Monzo Enables Card Payments from Earmarked Savings
U.K. Digital Bank Monzo Enables Card Payments from Earmarked Savings
September 21, 2021  |  Digital-First Banking

London-based FinTech company Monzo, in an effort to simplify the bill-paying and household budgeting process, has made it possible for account holders to make card...

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Report: Monzo Jumps Into BNPL
Report: Monzo Jumps Into BNPL
September 10, 2021  |  Buy Now Pay Later

Digital bank Monzo will soon enter the buy now, pay later (BNPL) market, according to a report from the Evening Standard Friday (Sept. 10) that...

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Monzo Faces FCA Investigation Into Alleged AML Contraventions
Monzo Faces FCA Investigation Into Alleged AML Contraventions
July 30, 2021  |  International

London FinTech Monzo is facing an investigation from the Financial Conduct Authority (FCA) over allegations of possibly violating anti-money laundering (AML) laws, Financial Times reported...

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