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Monzo Applies for US Banking License
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Monzo Applies for US Banking License

Monzo Applies for US Banking License

Emily Donato·
FintechNews RoundupUSA
·Apr. 23, 2020·1 min read

The digital bank has applied for a US banking license and is also working to open an office in San Francisco; the company has had plans to enter the US for some time, offering a waitlist for eager customers; if granted, Monzo would be able to offer insured deposit accounts as well as various lending products; the process could take up to two years. Finextra

  • Emily Donato
    Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

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