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The Latest Breaking News from Monzo

Major UK bank to ‘double the salary’ of customers in new monthly payday draw

A select few account holders will see their salary matched

The Independent UK

Monzo hires Google executive to lead global growth as boss steps down

Current chief executive TS Anil said he spotted an ‘opportunity’ to bring Ms Layfield on board when searching for a new UK boss.

Evening Standard

BT ‘considering low-cost mobile brand’ as Revolut and Monzo plan launches

Move into budget market could involve creating new brand in-house or buying virtual network operator

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Future-Proof Your Money: 5 Next-Gen Digital Banks Redefining Personal Finance in the UK

Discover how five next-generation digital banks are redefining personal finance in the UK. Learn how Monzo, Revolut, Zopa, Tandem Bank, and Atom Bank are helping customers future-proof their money with smarter, faster, and more sustainable banking.

International Business Times UK

7 Challenger Banks That Are Outperforming High‑Street Banks in 2025

Explore seven challenger banks outpacing high‑street banks in 2025. From Monzo's transparency to Revolut's global reach, discover how these digital innovators are reshaping banking for the modern customer.

International Business Times UK

Is the HSBC Banking App Down? Here's What to Do If You Need Urgent Access To Your Funds

HSBC app outage left customers without access for five hours, highlighting risks of digital reliance as physical branches decline.

International Business Times UK

Digital Bank Monzo Enters the Mobile Market in the UK: What This Could Mean for Competitors

Digital bank Monzo is preparing to enter the UK's mobile market, signalling a major shift that could pressure established telecoms providers.

International Business Times UK

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Monzo plans mobile phone network in latest growth bid

The bank has around 13 million customers

The Independent UK

Monzo considers launching mobile service to rival major phone networks

The 10-year old lender confirmed it was in the ‘early stages’ of developing the idea.

Evening Standard

Monzo plans to launch UK mobile phone service

Move could increase competition among big phone providers and help diversify revenues for digital bank

The Guardian - UK

Digital challengers top banking customer satisfaction surveys

The results, which saw providers including Monzo, Starling, Chase and Mettle placed highly, are published by the Competition and Markets Authority.

Evening Standard

Sage iPhone for children review: ‘Would it make me want to divorce my parents?’

As a 16-year-old I can tell you that teenagers will feel disconnected using this internet-safe smartphone

The Guardian - UK

Monzo Fined £21M After Customers Use Buckingham Palace as Their Address

FCA mentioned that Monzo's address verification controls were inadequate, as they failed to verify all beneficial owners and politically exposed persons (PEPs).

International Business Times UK

The false customer addresses that landed Monzo with £21m in fines

IN FULL

The Independent UK

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news in one place.

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The Independent UK

UK bank hit with huge fine for ‘anti-financial crime’ failures

IN FULL

Evening Standard

Monzo fined after customers put Buckingham Palace and No 10 as home addresses

The Financial Conduct Authority found customers were allowed to register bank accounts to addresses including PO Boxes and London landmarks.

The Independent UK

Major bank fined £21m after allowing customers to register from Buckingham Palace and Downing Street

The FCA said Monzo’s financial fraud systems and controls ‘failed to keep pace’ with its rapid growth in customers numbers in recent years.

The Guardian - UK

Monzo fined £21m after customers used No 10 and Buckingham Palace as addresses

FCA finds digital bank failed to employ adequate controls when signing up new clients

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news in one place.

100’s of premium titles.
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The Independent UK

Octopus energy to pay £1.5m in compensation for bill errors – are you eligible?

Ofgem found more than 34,000 prepayment meter customers between 2014 and October 2023 did not receive final bills within six weeks.

Evening Standard

Monzo fined over £21m after financial crime controls ‘fell far short’

The FCA said Monzo’s financial crime systems and controls ‘failed to keep pace’ with its rapid growth in customers numbers in recent years.

Creative Bloq

Why UX design is just as important as a logo

Branding is not just about visual identity.

Creative Bloq

Monzo's brilliant UI makes my life so much easier

Banking apps don't have to be boring.

The Guardian - UK

Letting banks loose is back on the agenda as UK politicians chase growth at any cost

Labour has helped get ball rolling by lifting the bankers’ bonus cap but we have seen before how this play ends

Fortune

Fintech giant Wise plans to shift main listing to New York as London sheds innovative companies

Wise's listing shift underscores years of pain. "U.K. stock market continues to take a succession of blows to the head," one expert said.

The Independent UK

Monzo annual profit booms four-fold after huge growth

IN FULL

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