Barclays, Natwest and Revolut: Top bankers chew the fat at City summit Banking Executives, investors and even royalty turned out for the first day of Financial Times’ annual Global Banking Summit in London on Tuesday.
Monzo names new finance chief in hint at listing plans Banking Monzo has appointed former Nubank executive Tom Oldham to be its chief financial officer as the digital challenger bank hinted at its IPO ambitions.
Monzo set for £4.5bn valuation in employee share sale Banking Monzo is launching a secondary share sale that is set to value the digital challenger bank at £4.5bn, City AM has learned.
Monzo celebrates fourth year on top of bank satisfaction rankings August 15, 2024 Monzo has once again taken first place in an official league table measuring whether customers would recommend their bank to friends and family, with the firm marking four years in the top spot. The digital-only bank, founded in 2015, has topped the Competition and Markets Authority’s (CMA) biannual current account satisfaction ranking since August 2020, [...]
Taylor Swift’s Eras Tour kicks off today. How much is it really worth to the UK economy? June 7, 2024 As Taylor Swift starts the UK arm of her Eras tour, we look at how much will it help British business, and where will that benefit be felt.
Monzo and Starling diverge on European expansion plans June 5, 2024 The UK's two leading digital-only banks are diverging in their approach to international expansion as they target new markets ahead of expected stock market listings.
Monzo boss aims to grow bank ‘several times’ bigger ahead of expected listing June 3, 2024 The chief executive of Monzo has said it is still "too early" to talk about the digital bank's IPO ambitions as he focuses on growing the business "several times" bigger and expanding overseas.
Monzo posts first annual profit as digital bank targets European expansion June 3, 2024 Monzo has reported its first annual profit since it launched in 2015, with the digital challenger bank enjoying record growth and unveiling plans to expand into Europe.
Monzo’s valuation rises as fintech giant bags £150m funding for US growth May 8, 2024 Monzo has raised $190m (£150m) in new funding, taking its total for the year to $610m (£490m) and raising its valuation to $5.2bn (£4.1bn), as the digital bank eyes up international expansion and a flurry of new products.
Monzo set to finalise new £500m fundraising in deal with top tech investor April 28, 2024 Digital bank Monzo is in the process of finalising a new expanded fundraising with major tech investor Hedosophia, according to reports.