Tag: Monzo

Monzo is on the brink of securing a new funding round that could see the British digital bank's valuation soar to approximately £4bn.

Prosper, a leading WealthTech platform, has closed its crowdfunding campaign, surpassing its initial targets to secure over £1m.

Monzo, the UK-based digital challenger bank, has made a significant move in its quest to establish a stronger foothold in the US market.

According to PitchBook, the stock prices of public FinTech companies have shown a quicker recovery than the broader market. In the second quarter, these...

Monzo has unveiled an investments feature, that will enable its customers to put as little as £1 into a choice of multi-asset funds. The British...

Ex-Monzo executives, Joss Tasker and Alex Fox, have marked the inception of their latest FinTech venture, Sync Savings. The dynamic duo is setting out to address challenges faced by the UK's cash savings sector, a market that has been in need of innovation for a considerable period.

As the digital banking landscape continues to evolve, British-based Monzo Bank has entered preliminary discussions about a potential acquisition of the Nordic lender, Lunar Group. This information was relayed by an anonymous source privy to the ongoing talks.

In the increasingly competitive InsurTech market, Qover, a pioneering firm specialising in the orchestration of embedded insurance, stands out as it successfully wraps up a $30m Series C funding round.

Key mobile banking download stats as of June 1st 2023: • Revolut was the most downloaded mobile banking app in 2022 with 3.31m downloads • Combined...

All eyes are on the banking sector after Silicon Valley Bank (SVB), Signature Bank, First Republic Bank (FRC) and now Credit Suisse collapsed. There...