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Tag: Monzo

Tom Blomfield no longer a director at Monzo as he transitions...

Monzo co-founder Tom Blomfield has been removed as a director, as part of his transition into a new role and the appointment of TS Anil as the bank’s CEO.

Starling Bank’s co-founder’s new cryptocurrency startup Ziglu secures £5.25m in seed...

Having left Starling Bank back in 2016, Mark Hipperson is now back with his new venture Ziglu, which has just bagged £5.25m in seed capital.

31 investment rounds that show the state of the FinTech industry

From Monzo's seeing its valuation plummet to Checkout.com becoming one of Europe's most valuable FinTechs, the last week has been full of funding rounds that could cause big waves in the sector.

UK challenger bank Monzo reportedly suffers down round which sees its...

UK challenger bank Monzo has reportedly suffered a down round, resulting in its valuation dropping down from $2bn to $1.24bn.

Three challenges facing European challenger banks when they go to the...

From regulatory loops to jump through to massive competition, European challenger banks have many obstacle to overcome if they want to expand across the pond.

Monzo to fire 120 people as the neobank continues to struggle...

UK challenger bank Monzo is facing new setbacks as it is reportedly going to cut 120 jobs.

Marqeta bags $150m in new valuations amidst speculations it’s going public...

FinTech unicorn Marqeta has more than doubled its official valuation to $4.3bn on the back of a $150m funding round.

Financial institutions individually spent over €50m on open banking last year

From: RegTech Analyst Open banking may have divided market stakeholders about how successful the initiatives have been so far, but that hasn't stopped financial firms...

Monzo CEO steps down to become company president

Tom Blomfield has swapped his CEO title for a president role at Monzo as the challenger bank is dealing with COVID-19 fallout.

Starling’s founder responds with lighthearted humble brag to TransferWise CEO’s Twitter...

Humble brags and low key trolling are some of the ingredients of a small Twitter spat between the leaders of two of the UK’s leading FinTech companies.