Monzo

Neobank Monzo Will Be Profitable in 2023, CEO Says 

Neobank Monzo Will Be Profitable in 2023, CEO Says 
Neobank Monzo Will Be Profitable in 2023, CEO Says 
December 01, 2022  |  Banking

British neobank Monzo will soon become profitable, CEO TS Anil said.  Speaking at a Financial Times (FT) event, Anil said, “We will be profitable in...

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Chime, Nubank No.1 in PYMNTS’ Digital Banking App Provider Ranking
Chime, Nubank No.1 in PYMNTS’ Digital Banking App Provider Ranking
October 25, 2022  |  Banking

In the latest edition of PYMNTS’  Provider Ranking of Digital Banking apps, 13 apps have earned a place on this month’s Top 10 list. Highlights...

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UK’s 10% Inflation Rates Stretch Consumers’ Paychecks and Patience
UK’s 10% Inflation Rates Stretch Consumers’ Paychecks and Patience
August 18, 2022  |  Personal Finance

Amid soaring inflation and rising food and fuel prices, terms like financial literacy and spend management have emerged as some of the biggest buzzwords in...

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As Macro Headwinds Mount, UK Neobanks Revisit the Profit vs Growth Debate
As Macro Headwinds Mount, UK Neobanks Revisit the Profit vs Growth Debate
July 31, 2022  |  Banking

The U.K. is home to popular digital-first challenger banks valued at over $1 billion such as Monzo, Revolut and Starling. Zopa, another British FinTech which...

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UK’s CMA Warns Monzo Not to Inhibit Current Account Holders Switching Accounts
UK’s CMA Warns Monzo Not to Inhibit Current Account Holders Switching Accounts
July 28, 2022  |  Banking

Financial transaction records can act as important evidence when securing a loan or mortgage, and U.K. banks are legally obliged to provide this information to...

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Digital Banking App Provider Ranking Sees Two Contenders Join the Top 10
Digital Banking App Provider Ranking Sees Two Contenders Join the Top 10
July 14, 2022  |  Mobile

Like Scrooge McDuck frolicking in his pile of coins, PYMNTS’ Provider Ranking of Digital Banking Apps is awash in valuable items. In fact, 15 apps...

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Digital Banking App Provider Ranking Strikes Gold with 3 Perfect Scores
Digital Banking App Provider Ranking Strikes Gold with 3 Perfect Scores
June 03, 2022  |  Banking

There’s a wealth of top-ranked apps to consider in the latest edition of PYMNTS’ Provider Ranking of Digital Banking Apps because three contenders have achieved a...

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Neobank Weekly: Revolut Launches New Initiative; Monzo Issues Scam Warning
Neobank Weekly: Revolut Launches New Initiative; Monzo Issues Scam Warning
February 25, 2022  |  Banking

Revolut Launches New Initiative This Week Less than a week after London-based digital bank Revolut introduced a new payroll management service in the United Kingdom,...

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