News by FinTech Collective

October 8, 2021

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Monzo started to apply for a U.S. banking license in April last year as part of an effort to expand its userbase. The...

January 22, 2021

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Monzo founder Tom Blomfield is departing the U.K. challenger bank entirely at the end of the month, staff were informed earlier this week.

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Blomfield held the role of CEO until May last year when he assumed the newly created title of president and resigned from the Monzo...…

June 5, 2020

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Monzo is waiving the one year cliff for employee vesting schedules. In addition, senior management and the board are taking 25% cut in...

June 28, 2019

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Its most recent venture round is just the latest in what has proven to be an exceptionally lucrative year for European fintech startups,...