Tag: Monzo

When open banking was first introduced, it was suggested that it would enable both big banks and smaller firms to innovate. However, the founder of Monzo believes there has been zero positive effects of open banking so far.

Hot on the heels of Monzo, Starling Bank has changed its overdraft fee rules on the back of a Financial Conduct Authority (FCA) decision.

Chime, the US online-only bank, has suffered a severe service outage that left millions of customers without access to their money.

Identity verification platform Jumio has strengthened its partnership with challenger bank Monzo by singing a new multi-year agreement.

Personal finance chatbot company Plum announces support for challenger banks Monzo and Starling Bank, through the use of Open Banking.

RegTech 100 company Jumio has partnered with Monzo to verify new users and support Know-Your-Customer (KYC) requirements.

UK challenger bank Monzo has received regulatory approval to operate in the Republic of Ireland.

Just days after receiving approval by the Financial Conduct Authority (FCA) approval, London-based Emma Technologies has integrated with challenger bank Monzo.

Challenger bank Monzo has wrapped up its latest funding haul with £22m after raising £2.5m in crowdfunding. The London-based attracted a record-breaking 6,5000 investors.

Digital challenger bank Monzo has blasted through its £2.5m crowdfunding target in less than four hours of opening pre-registration for the campaign.