Monzo for Under 16s is a free account that offers 2.75 per cent AER variable interest on savings and no minimum deposit ...

LONDON (Reuters) - Digital bank Monzo, whose distinctive coral-coloured card has become a common feature in the wallets of young, tech savvy and mainly urban Britons, could hit 1 million users within ...

This model is now the standard playbook. Prepaid cards, EMI licences, sponsor banks, and modular infrastructure are how most fintechs start today. In 2015, that wasn’t obvious and Monzo showed the ...

Digital banks - online-based with no physical branches - have become very popular in the UK in recent years. According to research from Finder, around 40 per cent of UK adults already have a digital ...

Monzo, the online bank, briefly stopped working properly on Tuesday. The app made clear that it is having “issues” that have stopped many of its central features from working. But the core tools – ...

Traditionally, packaged and premium current accounts have all offered a similar selection of practical perks, such as travel ...

LONDON (Reuters) - Fast-growing British digital bank Monzo plans to hire up to 500 people and forecasts it will get 5.5 million users this year, as it prepares to have another crack at charging some ...

UK’s digital bank Monzo noted that their engineering team has created Monzo Stand-in, which is described as a fully independent backup bank complete with its own data, software, and infrastructure.