Thursday, May 13, 2021
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Tag: Monzo

Monzo gets full UK license, looks to expand to EU

Digital-only bank Monzo just received its full banking license from the United Kingdom. Read more: bankinnovation.net

Monzo closes £22m round with £2.5m in crowdfunding

Challenger bank Monzo has wrapped up its latest funding haul with £22m after raising £2.5m in crowdfunding from 6,500 investors. Read more: www.fintechroundup.com

How tech is shaking up the world of banking

Challenger banks, robo advisors and the internet of things - technology is shaking things up in the traditional banking arena. Read more: techcitynews.com

Top UK’s hottest FinTech startups suffer outages

At least four FinTech startups that offer payment cards linked to apps went down on Sunday. Read more: www.uk.businessinsider.com

Monzo attracts over £8.8m in interest

In its upcoming equity crowdfunding campaign on Crowdcube, Monzo has attracted more than £8.8m in interest. Read more: www.crowdfundinsider.com

Monzo crowdfunding round rockets through $2.5m target

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

Investors line up to refill FinTech coffers

FinTech firms Nymbus and Monzo separately announced that investors are pouring in additional money to fuel their growth. Read more: www.americanbanker.com

Monzo banks £19.5m, looks to crowdfund £2.5m more

The app-only bank has already closed £19.5m in a Series B round led by Thrive Capital and plans to raise a further £2.5m through crowdfunding. Read more: www.fintechroundup.com

Monzo is closing in on new funding led by Thrive Capital

Monzo, one of a number of new digital-only banks in the U.K. aiming to re-invent the current account, is closing in on new Series C funding. Read more: techcrunch.com

Monzo draws in 100,000 users

Monzo's 2nd birthday is just round the corner and they are close to reaching £100,000,000 spent on Monzo cards too. Read more: www.finextra.com

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