Tag: Monzo

The UK challenger banking sector is about to get even more crowded with Cato Banking gearing up to launch next year.

The global challenger and neo bank market is set to grow at a compound annual growth rate of 40.4% in the next five years.

Exeter-based Crowdcube has facilitated its 1,000th successful crowdfunding as FinTech startups lead the way.

UK challenger bank Starling Bank has raised an additional £30m as it is closing in on its one millionth customer.

Chime, the US online-only bank, has suffered a severe service outage that left millions of customers without access to their money.

Challenger banks and other FinTech startups are among UK professionals' top choices to work for.

Personal finance app Money Dashboard has secured £4.6m through a crowdfund.

Monzo, a UK-based challenger bank, has requested half a million of its customers change their card PIN, after identifying a security flaw.

The UK unicorn Monzo has bagged a new partnership with insurer AXA Partners to offer the digital-only bank’s customer better travel insurance options.

Venture capital-backed digital bank Monzo has seen its valuation double to about £2bn in the wake of a new funding round.