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Digital bank Monzo posts first full year of profit after more than doubling revenue
CNBC· 6 days agoA Monzo debit card being used at a payment terminal. Monzo, the British digital challenger bank, on...
Monzo records first full year of profitability
Retail Banker International via Yahoo Finance· 6 days agoMonzo has revealed it has recorded a profit of £15.4m for the financial year (FY24). This is Monzo’s first full year of profitability. This is just as...
Monzo Makes First Profit Even as Credit Losses Soar
Bloomberg· 6 days agoMonzo Bank Ltd. reported its first annual profit after more than doubling its revenue last year, though it made provisions for bad loans worth more than...
Monzo passes $1B in revenue
Axios· 6 days agoMonzo's revenue grew 147% for its fiscal year 2023 to over $1.1 billion, the British neobank revealed Monday. Why it matters: The news puts the company —...
FCA drops criminal investigation into Monzo money laundering failings
Daily Telegraph· 6 days agoThe regulator is continuing the probe as a civil matter, which may result in fines. The disclosure...
Monzo reports first profit since 2015 in 'landmark year of record growth'
Daily Express· 6 days agoMonzo has proudly declared its first annual profit in its nine-year history, as the digital bank...
UK's Digital Bank Monzo Reports Pre-Tax Profit, Preps For EU Expansion With Dublin Office |...
Crowdfund Insider· 5 days agoUK’s digital bank Monzo has released its 2024 financial results. Monzo announced its first full-year...
UK neobank Monzo reports first full (pre-tax) profit, prepares for EU expansion with Dublin hub
TechCrunch· 6 days agoMonzo has announced its 2024 financial results, revealing its first full-year pre-tax profit. The...
UK Neobank Monzo Marks First Profitable Year
PYMNTS.com· 6 days agoBritish neobank Monzo is planning further expansion as it marks its first profitable year. The company’s annual report, released Monday (June 3), showed...
Monzo: UK Bank Watchdog Ends Money Laundering Probe
PYMNTS.com· 5 days agoThe U.K.’s financial watchdog has apparently dropped a probe into Monzo’s anti-money laundering system. The report adds that the FCA is still pursuing an...
