Revolut disrupted banking in Europe—can it do the same in the U.S.?
Since launching in 2015, financial upstart Revolut has become a force in Europe by offering cheap foreign exchange and a growing suite of...
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Monzo founder Tom Blomfield is departing the challenger bank and says he's "struggled"during the pandemic
Monzo founder Tom Blomfield is departing the U.K. challenger bank entirely at the end of the month, staff were informed earlier this week.
{
Blomfield held the role of CEO until May last year when he assumed the newly created title of president and resigned from the Monzo...…
Monzo raises £60m in new funding
UK based challenger bank raised £60m in new funding from Novator, Kaiser, TED Global and Goodwater.
{
Adds Monzo CEO, TS Anil, in a statement given to TechCrunch: “We’ve raised £125 million this year, achieved strong organic growth and are...…
Mibo becomes part of Fondeadora
Portfolio company Fondeadora welcomes Mibo's users to its growing community. Together, they are positioning to redefine the future of...
JP Morgan and Lloyds considering acquisition of UK challenger Starling Bank
Starling Bank, having grown its user base to 1.9m UK customers, has sparked acquisition interest amongst major high street banks. Whilst...
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