Digital bank Monzo said today it has secured a full banking licence from the Central Bank here and the European Central Bank, marking its first major step into Europe. Monzo said it is the first ...

The Central Bank and the ECB have approved a full European banking licence for British bank Monzo, which will let the London-based company offer its current and savings accounts in the EU. The fintech ...

Chair Gary Hoffman and convince outgoing Chief Executive Officer TS Anil to stay in post, according to the Financial Times. Venture capital firms Accel and Iconiq are among the investors looking to ...

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Monzo chief executive TS Anil was asked to step down by the fintech’s board amid concerns over international expansion and his post-IPO commitment, according to reporting from the Financial Times. The ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Monzo, the £4.5bn British digital bank, wants to compete with heavyweights like HSBC. The 10-year-old company ...

Matthew is an award-winning journalist, specialising in savings, tax and insurance. Monzo and Zopa are hoping to bring a little Christmas cheer to customers feeling the festive squeeze, by offering ...

Monzo has rolled out a fresh update for those using its Monzo Flex credit card. The Monzo Flex service lets customers break down the cost of their spending over time. Shoppers can divide eligible ...

If you bank with Monzo — your Christmas might be about to get a whole lot merrier. Being such a highly competitive industry, banks are constantly having to find new ways to stand out, from switching ...

Monzo Bank is launching a double payday draw for current account customers as it looks to attract more into using it as their main account. The digital bank, with 14million customers, will double the ...

Digital bank Monzo will begin randomly selecting ten customers each month to receive their salaries twice over in a scheme it describes as a first for UK banking. The initiative, called Double Payday, ...