Tag: Monzo

UK challenger bank Monzo has reportedly suffered a down round, resulting in its valuation dropping down from $2bn to $1.24bn.

From regulatory loops to jump through to massive competition, European challenger banks have many obstacle to overcome if they want to expand across the pond.

UK challenger bank Monzo is facing new setbacks as it is reportedly going to cut 120 jobs.

FinTech unicorn Marqeta has more than doubled its official valuation to $4.3bn on the back of a $150m funding round.

From: RegTech Analyst Open banking may have divided market stakeholders about how successful the initiatives have been so far, but that hasn't stopped financial firms...

Tom Blomfield has swapped his CEO title for a president role at Monzo as the challenger bank is dealing with COVID-19 fallout.

Humble brags and low key trolling are some of the ingredients of a small Twitter spat between the leaders of two of the UK’s leading FinTech companies.

Revolut, N26 and Monzo might have entered the US over the years to some extent, but Chime is still dominating the country’s digital bank market.

Investment in the sector is expected to slow down for the remainder of the year as the momentum from record H2 2019 wears off

bunq’s founder is considering a US expansion and hints at making the challenger bank’s first funding round ever. But first, Ali Niknam must overcome Brexit and the coronavirus.