Tag: Monzo

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Monzo Launches Split Payments Feature to Simplify Shared Expenses

Revolutionizing how friends and families handle joint bills and paymentsHighlights: Monzo's new split payments feature allows users to easily divide bills among friends.The feature...

Monzo Develops Backup Bank Solution to Mitigate Outages

A Strategic Move to Enhance Customer Trust and Operational ResilienceHighlights: Monzo introduces a backup banking solution to ensure continuity during service outages.The new feature...

Monzo hires Brolly founder Phoebe Chibuzo Hugh to lead its “charge into insurance”

UK challenger bank Monzo has hired Phoebe Chibuzo Hugh, founder and former CEO of Brolly, for its insurance industry expansion. Hugh aims to...

Monzo tops CMA banking satisfaction survey once again

Monzo leads in UK banking satisfaction survey results conducted by CMA for both personal and business current accounts. FactsMonzo achieves the top position with...

Fintechs call on UK government to put an end to hidden fees in cross-border payments

A group of 15 fintech companies, including Wise, Monzo, Revolut, and Klarna, have written an open letter to UK chancellor Jeremy Hunt, urging the...

Nine UK banks tap Mastercard for new AI-powered fraud risk solution

Mastercard has launched an AI-powered Consumer Fraud Risk solution in the UK, with nine banks, including Lloyds Bank, Halifax, Bank of Scotland, NatWest, Monzo,...