In short: Monzo announced on 1 April 2026 that it is closing its US operations, stopping new American sign-ups immediately…
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Monzo Walks Away From America to Bet Big on Europe
UK digital bank Monzo is abandoning its American expansion, choosing to consolidate its position across Europe instead of battling the…
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Monzo, the UK challenger bank with 9 million customers, raises $430 million
London-based fintech company Monzo raised a late-stage funding round of $430 million (£340 million), confirming a report from the Financial…
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Monzo former CEO TS Anil appointed board vice-chair in boardroom shake-up
Monzo’s former CEO TS Anil has been appointed vice-chair of Monzo’s board, in a shake-up which sees an executive from…
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Monzo purchases digital mortgage broker Habito
Monzo is building its first-ever acquisition, purchaseing UK digital mortgage broker Habito. The acquisition of Habito, which employs around 100…
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Monzo CEO TS Anil to exit, replaced by former Google executive
Monzo CEO TS Anil is stepping down from the role after over five years and is being replaced by a…
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Monzo mirrors Revolut and Klarna with plan to launch mobile service
Monzo is planning to launch a mobile phone offering, mirroring similar shifts by challenger financial startups Revolut, Klarna, and N26.…
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London-based FinTech app Monzo tops 13 million customers on the back of record growth
British digital bank Monzo today announced that it surpassed 13 million customers, as it progresses at pace with its ambition…
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