Monzo launch Monzo Premium
Oct20

Monzo launch Monzo Premium

Today, Monzo have launched  Monzo Premium, their newest account and comes with their first metal card for 18-69 year olds for £15 a month with a minimum 6 month term. The Monzo Premium card is made from a single 16g sheet of steel, complete with a precision-engraved logo and a white finish; with your details kept neatly on the back for a minimal design. With Monzo Premium, phones worth up to £2,000 are protected against theft, loss...

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Emerging Payments Awards 2020 Finalists Announced!
Aug04

Emerging Payments Awards 2020 Finalists Announced!

The Emerging Payments Awards celebrate innovation, collaboration and emerging payments by recognising companies that have made significant advances in how we pay today. With a 50% increase in submissions for this year’s Awards, entrants demonstrated examples of high-quality and innovative payment solutions, and selecting the finalists was a challenge indeed with so many deserving entrants. Today at Pay360 Conference, the EPA...

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FF Virtual Arena: Reviewing Stu’s Reviews
Jul22

FF Virtual Arena: Reviewing Stu’s Reviews

In today’s Virtual Arena, Ali Paterson catches up with YouTuber Stuart Thomas of Stu’s Reviews to talk about his experiences reviewing UK challenger banks for Fintech Finance over the last year, payment races and having the most viewed videos on YouTube about Monzo, Starling, Revolut AND Curve ...

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Journalist’s insights: diving into the world of fintech media with Doug Mackenzie
May26

Journalist’s insights: diving into the world of fintech media with Doug Mackenzie

Fintech is one of (if not the most) hottest topics discussed and featured in the media. We are all aware of Monzo, Revolut, Stripe and other companies that are disrupting the finance services industry as we knew it. Fintech is a beat for a large number of journalists, and Fintech focused outlets have emerged. But how do you stand out in the media as a new fintech company in this world of technology, startups, scaleups and others? Join...

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The Fintech Fix: Magical Movements in Fintech
May22

The Fintech Fix: Magical Movements in Fintech

In this week’s episode of The Fintech Fix, we will be covering the end of an era for Monzo, Paypal is launching its QR code payment method and Standard Chartered is looking to create their own fintech Hogwarts!...

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Monzo co-founder Tom Blomfield moves from UK CEO role to president
May20

Monzo co-founder Tom Blomfield moves from UK CEO role to president

Story broken by the bloody legend that is Steve O’Hear and TechCrunch, link HERE More than five years after starting the company, Monzo co-founder Tom Blomfield is stepping down as CEO of the U.K. challenger bank to take up the newly created role of president. Current U.S. CEO, TS Anil, will become the new “Monzo  UK Bank CEO,” subject to regulatory approval, and for now will hold both U.K. and U.S. roles. Anil previously held...

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Exclusive: ‘Is this the end or just the beginning?’ – Laurent Nizri, Paris FinTech Forum in “The Fintech Magazine”
Apr29

Exclusive: ‘Is this the end or just the beginning?’ – Laurent Nizri, Paris FinTech Forum in “The Fintech Magazine”

As Founder & CEO of Paris FinTech Forum, Laurent Nizri has seen a remarkable metamorphosis of the industry over the past five years. Here, he reflects on where it’s come from… and where it’s going. 28 January 2016 was the first edition of Paris FinTech Forum. We were one of the first truly global events to launch in the industry. From the outset, even though we were a much smaller event than we are today, we were able to...

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UK challenger bank Monzo has applied for a US banking licence so it can offer a full suite of services in the world’s biggest financial market.
Apr23

UK challenger bank Monzo has applied for a US banking licence so it can offer a full suite of services in the world’s biggest financial market.

The fintech firm, known for its pink “hot coral” cards and sleek app, applied to the US authorities for a licence on Monday in the most important step in its stateside expansion. Monzo’s US chief executive TS Anil said the firm was “applying to be one of the first new US banks in a decade” in a “significant milestone”. However, it could take Monzo between 18 months and two years to have their application approved. The process, run by...

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Top 5 successful neobanks in Europe
Apr07

Top 5 successful neobanks in Europe

Currently, six out of ten of the most successful online banks come from the EU. Their total customer base exceeded 13 million, and the companies themselves were able to attract more than $2 billion of investments. Most of them simply explain their achievements – avoiding copying the standard banking model and moving financial services to a whole new level. Of course, challenger banks as a business model are not always and not...

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Businesses can now apply for a Monzo Business Account – comments from CTO of Financial Services at Fujitsu
Mar17

Businesses can now apply for a Monzo Business Account – comments from CTO of Financial Services at Fujitsu

This morning Monzo has announced that it is launching free and premium business accounts. This means that from today, businesses can apply for a Monzo Business Account for £5 per month, or a Business Lite account with no monthly fee. You can read more on the news here. If you are looking to cover this story and would be interested in comments, I’ve inserted thoughts below from Ian Bradbury, CTO of Financial Service at Fujitsu whose...

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Chancellor backs UK’s world leading Fintech and Insurtech sectors in the Budget
Mar11

Chancellor backs UK’s world leading Fintech and Insurtech sectors in the Budget

Today it has been announced in the Budget that the Tech Nation Fintech Delivery Panel and Insurtech Board will receive funding until 2022 to continue the critical work in identifying and removing barriers to nation-wide economic growth for the UK fintech and insurtech sectors. This pioneering initiatives have brought together founders from leading UK fintechs and insurtechs including Funding Circle, Onfido, Monzo, Transferwise,...

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What are credit checks or credit searches?
Mar05

What are credit checks or credit searches?

Credit checks can be confusing (sometimes they’re even called credit searches – which only adds to the confusion). We’ve outlined what a credit check actually is, the different types you’ll find and when you might need one. What is a credit check? A credit check happens when a lender you’re asking to borrow money from wants to see how likely you are to repay them. Lenders will usually have an agreement with a few credit reference...

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Jumio Partners with Monzo for Strong Identity Verification #M2020EU
Jun26

Jumio Partners with Monzo for Strong Identity Verification #M2020EU

Trusted identity verification expert joins with pioneering bank to verify new users and support Know-Your-Customer (KYC) requirements Jumio, the creator of Netverify® Trusted Identity as a Service (TIaaS), has today announced a partnership with Monzo, which will see the digital challenger bank use Netverify® to help verify new and existing customers. Monzo will use Jumio to help verify customers who are moving from its prepaid card...

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What Can We Learn From Monzo’s Success?
Apr21

What Can We Learn From Monzo’s Success?

Duncan Keene, UK managing director of UX analytics platform ContentSquare, shares his insights on what Monzo’s doing right and how to stay ahead of the pack The meteoric rise in online banking, spearheaded in the UK by challenger-bank Monzo, is news to no one in the banking sector, but it’s important to take stock of just how significant this shift in consumer habits really is: according to the consultancy firm CACI, current account...

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Monzo to receive £19.5 Million in Investments
Feb24

Monzo to receive £19.5 Million in Investments

Monzo have announced that they’ve agreed a new £19.5 million investment round with Thrive Capital, Passion Capital and Orange Digital Ventures. Tom Blomfield, CEO of Monzo; We’ll use this money to launch current accounts this summer, expand our team further, and continue to build Monzo into the world’s best bank Last year our community invested £1 million in Monzo in what is still the fastest crowdfunding round in history — the...

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Ep214 – Monzo: The First Truly Digital Bank
Feb17

Ep214 – Monzo: The First Truly Digital Bank

When most banks are bribing people to join with £100 or a Rihanna CD, Monzo is doing the opposite: building a bank customers love, involving them in its development, and being so amazing the network blows up like Facebook. Monzo, the bank that broke Crowdcube, now has more than 100,000 customers. Next milestone: 1 million. Here’s how they’ll do it. Please note, we do not produce Fintech Insider, we merely are fans and repost...

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