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Banking app Mondo is rebranding to Monzo
London banking startup Mondo has announced that it is changing its name to Monzo after a trademark dispute forced it to rebrand. Read more: uk.businessinsider.com
FinTech’s license to fail
Mondo received a commercial banking license in the UK. But that comes at a price. Read more : www.bloomberg.com
Mondo plans to raise $19m to $26m for full banking licence
UK challenger bank Mondo plans to raise a further £15m ($19.4m) to £20m ($26m) as it seeks to have the restrictions on its newly awarded banking licence lifted.
More than $26m spent through challenger bank Mondo
UK challenger bank Mondo has passed a new milestone with more than £20m ($26m) spent through its service to date.