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 TypePrivate
HeadquartersLondon, England, United Kingdom
Founded Date Mar 1st, 2015
Organization CEO Tom Blomfield
FoundersTom Blomfield, Jonas Huckestein, Jason Bates, Paul Rippon, Gary Dolman
SoFi will acquire Galileo. It will significantly affect the fintech industry as Galileo processes payments for many fintech companies.
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