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News Roundup

This page contains an archive of the Global Newsletter summaries and the weekly fintech news roundups.


Every day the Fintech Nexus news team scours the globe for the most important stories of the day to include in our daily newsletter.


Then every Saturday we bring you our weekly news roundup of the top 10 fintech stories of the week with commentary from Peter Renton.


To join our newsletter community please subscribe here.

FintechNews RoundupUSA
·Apr. 28, 2020

Monzo and Starling Bank Hold Up Well with Complaints

The Financial Conduct Authority released firm-specific complaint data for the second half...
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EuropeFintechNews Roundup
·Apr. 29, 2019

Monzo and Starling Bank See Growth in Account Switches

Monzo and Starling Bank saw more than 10,000 customers open accounts through...
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EuropeFintechNews Roundup
·Apr. 7, 2017

Monzo Announces Banking License Approvals

Monzo has received a full banking license from the Bank of England's Prudential Regulation Authority and the Financial Conduct Authority; the licensing follows new fundraising that meets the banking capital requirements; it now plans to launch a current account and a current account overdraft product.  Source

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FintechNews RoundupUSA
·Jun. 13, 2019

Monzo Announcing US Launch

Sources say that the digital bank Monzo will announce their US launch...
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FintechNews RoundupUSA
·Apr. 23, 2020

Monzo Applies for US Banking License

The digital bank has applied for a US banking license and is...
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EuropeFintechNews Roundup
·Feb. 17, 2017

Monzo CEO Provides Insight on Fintech Banking Market

Monzo's CEO talks about the digital bank's growing business in an interview with TechCrunch; the firm was recently granted a UK banking license with some restrictions; the digital bank has 100,000 users with activity driven by pre-paid Mastercards and mobile applications; Tom Blomfield gives his perspective on the fintech banking market and new PSD2 regulations; Blomfield also confirmed Monzo has already turned down an acquisition offer from a major bank.  Source

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FintechNews RoundupUSA
·Feb. 11, 2020

Monzo CEO Tom Blomfield Shares his Perspective on Traditional Banks

Tom Blomfield believes that banks focus too much on their existing financial...
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EuropeFintechNews Roundup
·Jun. 27, 2019

Monzo CEO Unconcerned About Mounting Losses

The CEO of Monzo, Tom Blomfield, has warned that losses at the...
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FintechNews RoundupUSA
·Jan. 10, 2020

Monzo Co-Founder Stepping Down to Spend Time on His Alpaca Farm

It is not very often that there is an intersection between alpacas...
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EuropeFintechNews Roundup
·Mar. 15, 2018

Monzo Continues to Build Out Marketplace with Investments

Monzo has added the first batch of partnerships to their marketplace by striking deals with digital wealth investment accounts and online lenders; companies include Scalable Capital, Wealthify, Wealthsimple, WiseAlpha, Zopa, Bricklane.com and Octopus Choice; Monzo will not be making a commission from any of these agreements; the company has also opened up an interim third-party API to comply with open banking regulations. Source.

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