Tagged: challenge bank

Monzo Reassures Customers That Services Are Safe During Coronavirus Pandemic

As the world continues the fight against the coronavirus (COVID-19) outbreak, UK challenger bank Monzo is reassuring its customers that its services are continuing to be safe and secure. According to Monzo, more than 4 million people are already using Monzo to manage their money…. Read More

Varo Money Raises Annual Percentage Yield on Savings Account

Digital-only challenger bank Varo Money announced on Tuesday it raised the Annual Percentage Yield (APY) on its FDIC-insured Varo Savings Account to 2.80% for customers whose Savings Account balance is $50,000 or less, and who have qualifying direct deposits and debit card purchases from their… Read More

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