U.K. digital bank Monzo will cut 120 jobs due to the impact of the coronavirus, Reuters reports. The news came from an internal note from...
An expanding number of challenger banks have eschewed the industry’s traditionally slow and steady innovation approach. These banks are offering digital or mobile-only platforms powered...
With valuations sinking, startups are becoming reticent to fundraise like normal. But venture capital firms, seeing the lower prices, are becoming more aggressive on buying...
London FinTech unicorn Monzo is closing in on a new funding round as it faces a near 40 percent drop in valuation due to coronavirus...
Monzo Bank Ltd., the British digital bank, has taken the next step to expand into the U.S. market, where it has already done some testing....
The 34-year-old top executive of digital bank Monzo will give up his salary for a year, while senior staffers take a 25 percent pay cut....
U.K. challenger bank Monzo has launched business bank accounts this week after a year-long trial period in which 2,500 customers got early access, according to a...
Dubbed “challenger banks” for shaking up the status quo of banking as we’ve always known it, digital banks with awesome apps are the FinTech alternative...
Online bank N26‘s decision to exit the U.K. has customers feeling left behind, CNBC reported. The Berlin-based digital bank said it would not be able...