Monzo Bank Limited

Monzo is the bank that lives on your smartphone and built for the way you live today.

Monzo Bank Ltd is a digital, mobile-only bank based in the United Kingdom. Originally operating through a mobile app and a prepaid debit card, in April 2017 their UK banking licence restrictions were lifted, enabling them to offer a current account. Monzo was one of the earliest of a number of new app-based challenger banks in the UK.

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Monzo Bank Limited Details

Operating Status: Active
Business Type Private
Headquarters London, England, United Kingdom
Founded Date Mar 1st, 2015
Organization CEO Tom Blomfield
Founders Tom Blomfield, Jonas Huckestein, Jason Bates, Paul Rippon, Gary Dolman

Monzo Bank Limited News

Business News, FinTech News, News US Office of Comptroller of Currency Denies Chance for Monzo to Enter Its Jurisdiction

By Steve Muchoki October 4th, 2021

One of the possible reasons cited has been the consistent loss made by Monzo in the past few years, despite having been in existence for six years.

Business News, Editor's Choice, Investors News, News Goldman Sachs Invests $69 Million in Starling Bank

By John K. Kumi April 19th, 2021

The deal between Starling and Goldman Sachs has been said to be pending regulatory approval.

Business News, FinTech News, News Fintech Revolut Dangles Market-Beating 5% Rate Bait to U.S. Savers

By James Lovett October 9th, 2020

Besides its base annual interest rates given to American savers, Europe’s fifth most valuable fintech Revolut has awarded the savers additional bonus.