Tagged: monzo

Monzo Launches New Feature Bill Tracker to Help Customers Keep Track of Bills

On Friday, UK challenger bank Monzo announced the launch of its new feature, Bill Tracker. According to the fintech, Bill Tracker will keep track of customers’ regular direct debits, such as phone contracts and utility bills, and let them know if one of the bills changes…. Read More

Monzo News: Apple Pay is Now Available to Users

UK-based challenger bank Monzo announced on Thursday that users may use their Monzo cards with Apple Pay. The bank reported that it considers Apple Pay to be an easier, safer way to pay in stores, in apps and online with the Apple devices that users use… Read More

Monzo Announces Coin Jar Participants Have Saved More Than £1 Million With the Feature

Just a couple of months after launching Coin Jar, UK fintech Monzo announced that users have saved more than £1 million by using the feature. The feature allows users to create a “pot” and calling it “Coin Jar”, the user can save small amounts of money automatically,… Read More

Challenger Bank Monzo Ends Prepaid Beta

UK-based challenger bank Monzo announced on Wednesday it is set to close its Prepaid Beta, which was launched in March 2016 to make sure the bank was “building something” that consumers actually needed. While sharing details about its growth since the Beta’s launch, Monzo stated:… Read More

Money App Yolt Announces Collaboration With Challenger Bank Monzo

Yolt, an ING created smart thinking money app, announced on Friday it has joined forces with UK-based challenger bank Monzo. Yolt declared that Monzo accounts may now be connected through the fintech mobile app. “While Monzo focused on current accounts and we focused on our topbar… Read More

Monzo Milestone: Challenger Bank Hits Half A Million Current Accounts (Video)

On Monday, UK-based challenger bank Monzo announced it has achieved half a million current accounts. The company launched its current accounts in October last year and since then, thousands of users have upgraded their accounts or signed up to start using Monzo’s banking products. “This… Read More

Monzo Brings Pulse Feature to Android Smartphones

UK challenger bank Monzo announced on Wednesday it has launched its Pulse feature on Android smartphones. Pulse notably allows users to see how much money they have in their Monzo account, and their balance for the month so far. The Monzo team revealed: “More than 40%… Read More

Emma Banking App Announces Monzo Integration

Just days after receiving its Financial Conduct Authority (FCA) approval, Emma Technologies announced it has integrated with challenger bank Monzo. Emma is currently building the banking app for millennials (iOS and Android), which is described as a mobile-only solution that helps consumers avoid overdrafts, find and… Read More

Monzo Announces Plans to Close Prepaid Card Program in April 2018

On Thursday, UK challenger bank Monzo announced plans to get close its Monzo Prepaid Card Program. This news comes just after the fintech company announced its 2018 plans. Monzo stated its aim is to shut down the prepare Mastercard program in early April so that… Read More

Monzo Announces New Year Plans: It’s Time to Look Ahead to 2018!

On Thursday, challenger bank Monzo announced its plans for the next twelve months. The company reported that in 2018 it wants to focus closely on making upgraded Monzo accounts better for its customers. Monzo revealed a list of items needed to be done and their… Read More

Monzo Announces 3% Charge on Cash Withdrawals Made From International ATMs After Free 30-Day Allowance of £200

This week UK digital challenger bank Monzo announced it was introducing a 3% charge on cash withdrawals made for international ATMs, after a free 30-day allowance £200. Most debit card issuers charge a fee for off network cash withdrawals but some do not, depending on the country…. Read More

Update: Monzo’s New Feature Pots Now Available on Android

Less than a month after launching its money-saving features Pots, challenger bank Monzo announced that the feature is now available on the Android smartphone app. As previously reported, Pots is described as a simple way to set money aside within a user’s main Monzo account. The bank stated:… Read More

Challenger Bank Monzo Seeking to Open New Office in Cardiff

On Friday, Monzo announced it is seeking to open a new office in the city of Cardiff. According to the challenger bank, its London office is currently bursting at the seams, with 171 people working in its headquarters and 67 working remotely. “To help us… Read More

Monzo’s Tom Blomfield Announces Upcoming Crowdfunding Round

Just a couple weeks after securing £71 million during its latest investment round, Co-Founder and CEO of challenger bank Monzo, Tom Blomfield revealed plans to launch a new crowdfunding campaign. Monzo (originally known as Mondo) caught the public eye in March 2016 when it raised… Read More

Monzo Secures £71 Million During Latest Investment Round Led By Goodwater Capital, Stripe, & Michael Moritz

Crowdcube success and challenger bank Monzo announced on Tuesday it secured 71 million through its latest investment round, which was led by Goodwater Capital, Stripe, and Michael Moritz with participation from existing investors, Passion Capital, Thrive Capital, and Orange Digital Ventures. As previously reported, Monzo (originally… Read More

Monzo Announces New Feature: Monzo-to-Monzo Payments

On Monday, UK-based fintech startup Monzo announced the launch of its new feature, Monzo-to-Monzo payments. This news comes less than a week after Monzo announced customers are now able to use Android Pay for their accounts. According to Monzo, the Monzo-to-Monzo payments allows users to send money… Read More

Monzo Update: Android Pay Has Finally Arrived

Just a couple months after rolling out its current account preview on its Android mobile app, challenger bank Monzo announced its customers can now use Android Pay for their accounts. It was revealed on Tuesday: “If you have a Monzo current account, you can now… Read More

Monzo Announces New Abroad ATM Fee Amounts

Just one month after asking its Community to decide on ATM fee pricing, challenger bank Monzo announced the new prices for abroad ATM fees. The company shared in a post on Tuesday: “Last month we announced that we needed to explore charging for withdrawing cash from international… Read More

Monzo Asks Community to Decide on ATM Fee Pricing

Earlier this week, Crowdcube alum and challenger bank Monzo announced it was asking the Monzo Community to decide on ATM fee pricing. It was revealed: “We launched the Monzo Alpha back in October 2015 to a few hundred people. At the time, we said ‘we’re committed to launching… Read More

Monzo Teams Up With Deliveroo For New “Split the Bill” Feature

Crowdcube success and fintech company Monzo announced it has teamed up with Deliveroo for a new feature, Split the Bill. Deliveroo designer, James Storer, revealed details about the new app feature: “At Deliveroo, ‘split the bill’ is probably one of our most requested features, and it’s been… Read More