Neobanks

Nubank Says It Has No Plans to Acquire Monzo

Nubank Says It Has No Plans to Acquire Monzo
Nubank Says It Has No Plans to Acquire Monzo
October 01, 2026  |  Acquiring

Nubank thinks highly of fellow digital bank Monzo but doesn’t want to buy it. The Brazilian lender made that pronouncement Wednesday (Sept. 30) in a securities...

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Nubank Weighs $13 Billion Bid for Monzo
Nubank Weighs $13 Billion Bid for Monzo
September 27, 2026  |  Banking

Brazilian digital bank Nubank is reportedly interested in buying U.K. FinTech Monzo. Such a deal would value Mozno at up to £10 billion ($13.2 billion),...

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Monzo’s EU Chief Leaves Neobank to Launch Robotics Startup
Monzo’s EU Chief Leaves Neobank to Launch Robotics Startup
September 22, 2026  |  Personnel

Monzo’s European CEO is reportedly leaving to launch a robotics-focused startup for people with disabilities. Michael Carney is stepping down from the U.K. neobank, where...

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Monzo Steers Customers to Backup Bank Amid Technical Outage
Monzo Steers Customers to Backup Bank Amid Technical Outage
August 19, 2026  |  Banking

British neobank Monzo was sending customers to its backup bank Wednesday (Aug. 19) morning as it dealt with an outage. “We’ve identified some issues affecting...

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Monzo Chair Departs Following Last Year’s Shareholder Backlash
Monzo Chair Departs Following Last Year’s Shareholder Backlash
August 18, 2026  |  Banking

Monzo’s chairman is  departing the British neobank months after shareholders lobbied for his removal. Gary Hoffman, who joined Monzo in 2019, will leave his post...

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Revolut’s South Africa Waitlist Nears 100K 2 Years Before Launch
Revolut’s South Africa Waitlist Nears 100K 2 Years Before Launch
June 22, 2026  |  Fintech Investments

Revolut’s expansion plans now reportedly include South Africa as interest there in the FinTech grows. The British company plans to launch in Africa’s largest economy...

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British Neobank Plasma Debuts Stablecoin Banking Product
British Neobank Plasma Debuts Stablecoin Banking Product
June 17, 2026  |  Cryptocurrency

U.K. neobank Plasma has launched what it calls its flagship stablecoin banking product. Plasma One, announced Wednesday (June 17), is part of what the company...

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Monzo’s Spending on Customer Referral Program Jumps 40%
Monzo’s Spending on Customer Referral Program Jumps 40%
May 26, 2026  |  Banking

U.K. neobank Monzo has dramatically increased its spending on an effort to woo new customers. The company paid out 29.5 million pounds ($39.7 million) on its “refer...

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