Tag: Monzo

Monzo eyeing expansion with potential Lunar acquisition

As the digital banking landscape continues to evolve, British-based Monzo Bank has entered preliminary discussions about a potential acquisition of the Nordic lender, Lunar Group. This information was relayed by an anonymous source privy to the ongoing talks.

InsurTech leader Qover secures $30m in Series C funding round

In the increasingly competitive InsurTech market, Qover, a pioneering firm specialising in the orchestration of embedded insurance, stands out as it successfully wraps up a $30m Series C funding round.

UK Incumbent bank remain top of app download charts but challengers...

Key mobile banking download stats as of June 1st 2023: • Revolut was the most downloaded mobile banking app in 2022 with 3.31m downloads • Combined...

The top 10 most well-funded neobanks in the UK have attracted...

All eyes are on the banking sector after Silicon Valley Bank (SVB), Signature Bank, First Republic Bank (FRC) and now Credit Suisse collapsed. There...

FinTech unicorn Pleo hires former Monzo exec

FinTech unicorn Pleo has named former Monzo CTO Meri Williams as its own CTO.

Revolut is the most searched online banking service in Europe

UK-based FinTech giant Revolut is the most searched online banking service in Europe, according to a study by spread betting broker CMC Markets.

Monzo unveils in-app charitable donation

Monzo has unveiled a new feature that allows users to donate directly to one of its eight chosen charities either on a one-off payment or regular basis.

PayPal tops the charts as the most downloaded FinTech app in...

Blockchain & Crypto and Challenger Banking apps dominate the app store accounting for 60% of companies listed. Binance and Coinbase app downloads both peaked...

PayTech companies topped the list biggest UK FinTech deals in 2021

The PayTech has sector has seen a renewed influx of capital following the Covid-19 pandemic and the increased use of digital and contactless...

UK deal activity soars in 2021, nearly doubling to 729 transactions

UK deal activity has seen a strong uptrend from 2017 to 2021 with a compound annual growth rate (CAGR) of 19.4%. Investment in the...

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