Monzo

Monzo Launches New Premium Consumer Banking Accounts
Monzo Launches New Premium Consumer Banking Accounts
July 16, 2020  |  Digital Banking

U.K. digital bank Monzo is taking another crack at offering premium online consumer banking accounts with features designed to help account holders create — and...

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‘Down’ Rounds And Investor Caution — Blip Or Trend?
‘Down’ Rounds And Investor Caution — Blip Or Trend?
July 07, 2020  |  Markets

The stock market swings can be confusing.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Monzo Sees 40 Percent Drop In Valuation In VC Deal
Monzo Sees 40 Percent Drop In Valuation In VC Deal
June 16, 2020  |  Digital Banking

Online U.K. bank Monzo, fresh off a round of layoffs, has taken a major hit from the coronavirus pandemic, as shown by a funding valuation...

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Digital Banks Solid In Latest Provider Rankings
Digital Banks Solid In Latest Provider Rankings
June 10, 2020  |  Digital Banking

App-based digital challenger banks have been solidifying and expanding customer bases ever since COVID came to town. And while PYMNTS’ latest Provider Ranking of Digital...

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Monzo To Cut 120 Jobs Due To Pandemic Fallout
Monzo To Cut 120 Jobs Due To Pandemic Fallout
June 03, 2020  |  Banking

U.K. digital bank Monzo will cut 120 jobs due to the impact of the coronavirus, Reuters reports. Get the Full Story Complete the form to...

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Deep Dive: Legacy Banks And The Infrastructure Stumbling Blocks Keeping Them From The Cloud
Deep Dive: Legacy Banks And The Infrastructure Stumbling Blocks Keeping Them From The Cloud
June 02, 2020  |  Cloud Banking

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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With Startup Valuations Down, VC Firms Seek Deals
With Startup Valuations Down, VC Firms Seek Deals
May 26, 2020  |  Investments

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...

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Monzo Closes In On New Funding As Valuation Plunges 40 Pct 
Monzo Closes In On New Funding As Valuation Plunges 40 Pct 
May 15, 2020  |  Investments

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...

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Monzo Ahead Of Revolut For US Banking License
Monzo Ahead Of Revolut For US Banking License
April 24, 2020  |  Banking

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....

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