Tagged: monzo

April 18, 2017 @ 10:03 am By Erin Hobey  |  

In this brief video entitled “FinTech How technology is changing the world of finance,” BBC Newsnight spotlights some problems facing SMEs when it comes to collecting payments. Fees overwhelm. Payments delayed. Fintech maverick, Crowdcube campaigner and Monzo CEO Tom Blomfield addresses how lack of competition allows brick… Read More

April 9, 2017 @ 7:02 pm By Therese Torris  |  

Nathan Rose is the Director of Assemble Advisory, an agency which specializes in helping businesses raise equity through crowdfunding. Originally from New Zealand, Nathan constantly crisscrosses the planet and speaks to entrepreneurs from around the world who have had success with equity crowdfunding. His insights… Read More

April 9, 2017 @ 5:18 pm By JD Alois  |  

The UK’s Fintech Ambassador Eileen Burbidge encountered an unfortunate situation that too many people have endured (including yours truly). Burbidge had her credit card number ripped off and bogus transactions started to show up on her card. Burbidge eloquently shared the theft via twitter calling… Read More

April 6, 2017 @ 1:48 pm By Samantha Hurst  |  

Monzo announced on Wednesday all of its restrictions have officially been lifted and it is now a fully licensed bank. This news comes just the company raised nearly £2.4 million from close to 6,200 investors during its latest Crowdcube funding round. As previously reported, Monzo raised funding on Crowdcube in March 2016…. Read More

March 31, 2017 @ 7:44 am By Cole Lyons  |  

An additional 33 companies have registered for the UK’s Women in Finance Charter, the ground-breaking piece of legislature aimed to conquer gender inequality. This announcement arrives on the very first anniversary of the charter, which now includes 122 firms, over half a million people in… Read More

March 14, 2017 @ 9:08 am By Samantha Hurst  |  

App-only bank Monzo (formally know as Mondo) has completed the pre-registration portion of its second equity crowdfunding campaign. The company sought to raise £2.5 million, and by the end of the pre-registration round, it secured £12 million. A total of 41,267 people pledged to invest. More than £12… Read More

March 2, 2017 @ 1:53 pm By Samantha Hurst  |  

Just a little over 48 hours after opening pre-registration for its upcoming equity crowdfunding campaign on Crowdcube, app-only bank  Monzo (formally know as Mondo) has attracted more than £8.8 million in interest. The company’s original target for the funding round was £2.5 million, and the funds from the… Read More

February 28, 2017 @ 2:57 pm By Samantha Hurst  |  

App-only bank Monzo (formally know as Mondo) announced on Tuesday it opened pre-registration for its new equity crowdfunding campaign. Originally seeking £2.5 million, the company has attracted more than £5.8 million in interest so far. As previously reported, Monzo launched its first crowdfunding campaign on Crowdcube and raised… Read More

January 25, 2017 @ 3:36 pm By Samantha Hurst  |  

Crowdcube #FundedClub member Monzo announced it not only surpassed 100,000 users, but the users have also successfully spent £100 million. While sharing details about the 100,000th user, Monzo stated: “This year has been pretty exciting so far and today is no exception. We’re proud to announce… Read More

January 6, 2017 @ 2:53 pm By Samantha Hurst  |  

Following an exciting year, which involved an epic Crowdcube campaign and name change, digital bank Monzo (formerly Mondo) shared more details about 2016’s successes. Monzo had a great year with many milestones. Over the summer, the company declared itself a licensed bank and more than 200,000 people have signed… Read More

December 16, 2016 @ 3:52 pm By Samantha Hurst  |  

Last week, Crowdcube success Monzo announced the launch of Monzo.Me on iOS. The company stated that the new app will help users collect money from others with a worry-free process. Sharing details, the Monzo team stated: “Collecting money from other people has always been a pain. Whether… Read More

October 21, 2016 @ 10:51 am By Samantha Hurst  |  

On Thursday, app-only bank and Crowdcube alum, Monzo, announced it has raised £4.8 million during an “interim” funding round, which was led by Passion Capital. The company crushed past records by securing £1 million in an astounding 96 seconds.  According to Business Insider, the funding round now values Monzo… Read More

August 29, 2016 @ 10:27 am By Samantha Hurst  |  

Last week, Crowdcube #FundedClub member, Mondo, announced it has rebranded to Monzo during a live video presentation. The company declared earlier this summer it was changing its name after an undisclosed company with the similar name challenged it and the company allowed its fans to… Read More

August 25, 2016 @ 2:09 pm By Samantha Hurst  |  

It’s official – Mondo has a new name! The company announced on Thursday during a live video presentation that after months of customer voting, it is now to be called, Monzo! The now formerly known as Mondo crew confirmed earlier this summer that they were… Read More