Tag: Monzo

Challenger Bank Monzo and fintech firm TrueLayer have entered into a partnership to protect customers using new payment methods to remit money when gambling.

Neobank Monzo's CEO has called on the UK government to make gambling blocks mandatory for banks in a bid to limit the risks of gambling.

UK-based challenger bank Monzo is on the brink of closing a $50m funding round, marking the third raise since the pandemic began, according to reports.

Monzo’s co-founder’s exit has prompted the FinTech industry to take a hard look at how it protects the mental health of its staff.

Latin American ventures, Iron Man-backed enterprises and buy now pay later startups among the big winners of the 29 FinTech funding rounds reported on last week.

Monzo founder Tom Blomfield is leaving the bank at the end of the month, after a tough couple of years.

Challenger banks Monzo and Starling Bank led the list that provided the best service among the UK's 19 largest personal account providers, according to new research from British regulators.

WealthTech funding in the first three quarters is 5.1% lower compared to the same period last year.

Revolut's revenues dropped by 40% at the start of the coronavirus crisis, but now the neobank has revealed that it is 50% ahead of its pre-pandemic levels and even broke even in November.

It's easy to be taken in by the flashy digital offering of challenger banks, but new research suggests that they may not be as popular as people think.