Tag: Monzo
PayTech companies topped the list biggest UK FinTech deals in 2021
The PayTech has sector has seen a renewed influx of capital following the Covid-19 pandemic and the increased use of digital and contactless...
UK deal activity soars in 2021, nearly doubling to 729 transactions
UK deal activity has seen a strong uptrend from 2017 to 2021 with a compound annual growth rate (CAGR) of 19.4%. Investment in the...
Monzo launches to the US public
UK challenger bank giant Monzo has moved out of its closed beta and opened to all customers in the US.
Chinese tech giant Tencent joins Monzo backers
Chinese tech company Tencent has taken a small stake in online bank Monzo, as part of a $100m top-up following its recent $500m funding round led by Abu Dhabi Growth Fund, a report from Sky News has revealed.
UK’s CMA warns Monzo over banking order breach
The UK’s Competition and Markets Authority (CMA) has warned Monzo over a breach of retail banking regulations.
Monzo’s valuation hits $4.5bn as it bounces back from 2020
UK digital bank giant Monzo has reached a $4.5bn valuation after it recovers from its slump in 2020.
Monzo teams up with TrueLayer to create an open banking-powered gambling...
Challenger Bank Monzo and fintech firm TrueLayer have entered into a partnership to protect customers using new payment methods to remit money when gambling.
Monzo CEO calls on government to make gambling blocks mandatory for...
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.
Monzo close to finalising $50m funding round, the third raise since...
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.
Does more attention need to be put on mental health within...
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.