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Monzo

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 products such as mortgages, loans and credit cards;...
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FintechNews RoundupUSA
·Jan. 27, 2020

Sources Report New Revolut Funding Round Announcement Coming Thursday at $5 Billion Valuation

Challenger banks Revolut, Starling Bank and Monzo are all reported to be out fundraising; Business Insider reports that Revolut will...
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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 and fintech but we learned today that Monzo...
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digital transformationmega banksneobankroboadvisor
·Oct. 7, 2019

Fintech Price War — Goldman’s $1.3B Marcus burn, Neobank £200MM loss, ETrade’s $75MM trading fees

We are like the hungry at the all-you-can-eat buffet. In the beginning, there is not enough! Let's democratize access to food; to music; to transportation; to healthcare; to finance; to payments; to banking; to lending; to investing. The billions in institutional capital across universities, pensions, and sovereigns are delegated to smart portfolio managers. The day before yesterday, it was allocated by small cap stock pickers (hi Warren!). Yesterday, it was the alternative managers of hedge funds and private equity. Today, it is the trading machine and the venture capitalist. Tomorrow, it is the cryptographic artificial intelligence.

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EuropeFintechNews RoundupUSA
·Jun. 21, 2019

Announcements & Releases for June 21, 2019

‘Another one?’ Bankers react to Facebook’s digital currency Next decade is set to be transformative for small business finance PwC...
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EuropeFintechNews Roundup
·Feb. 10, 2020

Starling Bank Closes £60 Million Funding Round

UK digital challenger bank, Starling, has raised £60 million led by Merian Global Investors; the funds will be used to...
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FintechNews RoundupUSA
·Jan. 22, 2020

Monzo Users Might See Credit Scores Hurt by Using the Digital Bank

Monzo users might see their credit scores take a hit due to the digital bank sharing data only with TransUnion...
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EuropeFintechNews Roundup
·Jan. 7, 2020

Are Challenger Banks Just Secondary Accounts for Customers?

There is no question that challenger banks like Revolut, Monzo and N26 have acquired massive amounts of customers; it leads...
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EuropeFintechNews Roundup
·Jun. 25, 2019

Monzo Raises $143mn as U.S. Launch Looms

UK based digital bank Monzo has raised a $143mn series F round as the company gets set to launch in...
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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 plans today; Monzo has seen a lot of...
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