Monzo Bank Ltd. raised funds that valued the British startup at $5.2 billion, giving it more power to take on rival fintechs in new markets like the US. The company raised an additional $190 million ...

With just over one month to go until HMRC’s Making Tax Digital (MTD) for Income Tax changes come into effect, new research from Monzo Business reveals sole traders spend an average of 27 hours a year ...

CNBC is now accepting nominations for the 2026 Disruptor 50 list. Submit a nomination before February 23. The fintech startup said in annual financial results that its pre-tax profits totaled £15.4 ...

Monzo, a U.K. bank with a U.S. fintech presence, suffered a two-hour disruption on Tuesday that degraded core banking services for thousands of customers. The disruption began at 10:31 a.m. ET and ...

Monzo, the online bank, has gone down for thousands of users leaving them unable to use the app properly. Messages on the banking app tell users: ‘We’re experiencing issues, we’ll let you know when ...

British neobank Monzo told CNBC it raised another $190 million from investors including Hedosophia and CapitalG, Alphabet's independent growth fund. The latest funding boost Monzo's total funding this ...

Mondo Founded (February 2015): Mondo was founded by Tom Blomfield (initially incorporated as Focus FS Limited) alongside Jonas Templestein, Jason Bates, Paul Rippon, and Gary Dolman with the explicit ...

Monzo has announced it is removing The Summary feature on the app and will replace it with a new service. On December 21, the popular feature, which allows customers to quickly view their current ...

UK-based neobank Monzo has unveiled three app-based security features, aiming to safeguard user accounts from criminals even in the case of phone theft. The new security tools are designed to prevent ...

London-based fintech company Monzo raised a late-stage funding round of $430 million (£340 million), confirming a report from the Financial Times from a few weeks ago. Following this round, the ...