Articles with tag: monzo

Found 42 results in 216 milliseconds.

Quantum Group acquires Tail

10 Aug 2020 | Online & Mobile Banking

UK-based fintech incubator Quantum Group has acquired Tail, a startup providing cashback solutions.

Quantum Group, UK, fintech, Tail, fintech, startup, cashback, Monzo, Starling, Volopa, cards, banks, mobile app, merchants, data, banking, onboarding, retailer

Monzo's annual losses double due to the pandemic

31 Jul 2020 | Online & Mobile Banking

UK-based digital bank Monzo has announced its annual losses more than doubled and warned its ability to continue operating had become more uncertain due to the pandemic.

Monzo, UK, digital bank, digital, banks, pandemic, coronavirus, COVID-19, startup, US, challenger bank, cards, Monzo Plus

TransferWise valuation jumps to USD 5 bln in USD 319 mln secondary share sale

29 Jul 2020 | Payments General

TransferWise has announced secondary sales amounting to a total of USD 319 million at a new valuation of USD 5 billion.

neobanks, Monzo, N26, bunq, TransferWise for Banks API, TransferWise, payments, SMEs, bank account, money transfers, cross border payments, shares, valuation

Amid pandemic, fintech leaders raise almost USD 4 billion in Q2

17 Jul 2020 | Payments General

Fintech leaders have raised a total of USD 3.81 billion in the second quarter of 2020, according to data gathered by Buy Shares.

fintech, Stripe, Robinhood, Monzo, payments, investment, funding, Starling Bank, Airwallex

Monzo rolls out new version of Monzo Plus

16 Jul 2020 | Payments General

Monzo has launched a new version of Monzo Plus, a premium version of its popular current account.

bank account aggregation, virtual debit cards, custom transaction categories, spreadsheet export, credit score, Monzo, Monzo Plus, fintech

Monzo trials new open banking payment feature

09 Jul 2020 | Online & Mobile Banking

UK-based digital bank Monzo has announced tests for a new open banking-powered feature to allow users to transfer money from other bank accounts more easily.

Monzo, UK, United Kingdom, banks, open banking, payment, digital bank, money transfer

TransferWise, N26 extend partnership for cross-border payments in LATAM and APAC

29 Jun 2020 | Payments General

UK-based fintech TransferWise has partnered with digital bank N26 to provide customers with cross-border payments in Brazil, Mexico, Singapore, and the Philippines, among others.

TransferWise, N26, LATAM, APAC, United Kingdom, UK, fintech, digital bank, cross-border payments, Brazil, Mexico, Singapore, Philippines, API integration, app, mobile payments, TransferWise for Banks, Monzo, bung, Mambu, Activo Bank

Monzo secures GBP 60 mln funding

17 Jun 2020 | Payments General

UK challenger bank Monzo has confirmed it has closed GBP 60 million in a new round of funding, according to TechCrunch.

Monzo, funding, UK, challenger bank, Y Combinator, General Catalyst, Accel, Stripe, Goodwater, Orange, Thrive, Passion Capital, Reference Capital, Vanderbilt University, coronavirus, Covid-19

Lunar launches money management accounts for teenagers

05 Jun 2020 | Online & Mobile Banking

Nordic challenger bank Lunar has launched accounts for teenager between 15 to 17 years old to offer help when it comes to money management.

Lunar, challenger bank, banking, banks, debit cards, cards, UK, digital banks, digital, Monzo, Starling, Revolut, Revolut Junior

Royal Bank of Scotland shuts down its app-only bank Bó

04 May 2020 | Online & Mobile Banking

Royal Bank of Scotland (RBS) has announced shutting down its app-only bank six months after the challenger brand was launched to the public.

RBS, Monzo, challenger bank, , app-only bank, Mettle, Scotland, SMBs, COVID-19, coronavirus, startup, Monzo, Revolut, Starling

Yolt launches API connection with American Express

24 Apr 2020 | Online & Mobile Banking

Yolt, a smart money platform, has launched a new API connection with American Express

Yolt, American Express, Netherlands, API, American Express, card, challenger bank, Monzo, Starling, Nutmeg

Monzo applied for US banking licence

24 Apr 2020 | Online & Mobile Banking

UK-based challenger bank Monzo has applied for a US banking licence so it can offer a full suite of services in US financial market.

Monzo, US, banking licence, UK, challenger bank, Office of the Comptroller of the Currency

Mambu teams up with TransferWise for international money transfers

22 Apr 2020 | Payments General

TransferWise, a global financial technology company, has partnered with Germany-based cloud banking platform Mambu

TransferWise, bank, Mambu, cloud banking, partnership, Germany, challenger banks, technology, exchange, API, Monzo, UK, N26, Bunq, LHV, Europe, Stanford FCU, Novo, US, UP, Australia, France, BPCE

Monzo launches a web option for 'Monzo Business'

02 Apr 2020 | Online & Mobile Banking

Monzo has announced the launch of ‘Monzo Business’ for web, which gives users the option to manage their business account on their computer or laptop.

Monzo, Monzo Business, web, transactions, security, authentication, mobile app, UK, challenger bank

Monzo launches free and paid-for business bank accounts

18 Mar 2020 | Online & Mobile Banking

UK-based challenger bank Monzo has launched business bank accounts after an extensive trial period over the last 12 months.

Monzo, business account, product launch, in-app invoicing, challenger bank, neobank, UK, United Kingdom

UK analytics provider iDelta launches Open Banking Insights app

06 Mar 2020 | Online & Mobile Banking

UK-based financial data analytics provider iDelta has launched an app to help brick-and-mortar banks combat the rise of online challengers like Revolut and Monzo.

iDelta, financial data analytics, Open Banking, challenger bank, digital bank, Revolut, Monzo, brick-and-mortar bank, banking, United Kingdom

Monzo introduces free credit scoring tool

25 Feb 2020 | Online & Mobile Banking

UK-based challenger Monzo has announced that its consumers will be able to see their credit score for the first time, offering the service free of charge. 


Monzo, credit scoring tool, product upgrade, online banking, mobile banking, United Kingdom, challenger bank, online bank, neobank

Monzo to relaunch premium accounts

18 Feb 2020 | Online & Mobile Banking

Monzo has announced its plans to relaunch premium accounts by the end of Q1 2020, after closing down its Monzo Plus account offering in Sep. 2019.

Monzo, digital banking digital bank, Bank of England, premium account, Monzo Plus, relaunch, product update, bank deposit

British digital bank Monzo closes in on new fundraising round

06 Jan 2020 | Online & Mobile Banking

UK-based digital bank Monzo has announced it is close to raising between GBP 50 to 100 million existing and new investors involved.

Monzo, digital bank, funding round, current account, digital banking, online banking, lender, series G funding, capital raise, Y Combinator, Sillicon Valley, United Kingdom, UK

Monzo removes ATM fees and limits in the European Economic Area

23 Dec 2019 | Online & Mobile Banking

UK-based neobank Monzo has announced that it is removing ATM fees and limits for countries in the European Economic Area (EEA).

Monzo, challenger, European Economic Area, EEA, ATM withdrawal fee, Citi, Wells Fargo, EU regulation, financial technology, neobank, digital banking, online banking, mobile banking