monzo

2019 saw a stampede of fintech unicorns

Two years ago, we created the Matrix FinTech Index to highlight what we saw as the beginnings of a 10+ year mega innovation wave in financial services.

2020 will be a challenging year for challenger banks

Over the past year, startup banks have proven that they have a shot at disrupting retail banking. These challengers have amassed a war chest of funding, announced some ambitious international expansio

FintechOS raises $14M to help banks launch products as fast as fintech startups

Over the last few years, we’ve seen the rise of fintech startups like N26 and Monzo to challenge the incumbents with new products like challenger banks. But what if the big banks wanted to compete i

Work collaboration startup Notion cozies up to Silicon Valley’s top accelerators

Startups building work software for other startups have been a huge focus of investment in Silicon Valley as eager VCs hope to grab a piece of the next Slack. Notion Labs, a profitable work tools star

Curve, the ‘over-the-top’ banking platform, adds support for Samsung Pay

Curve, the London-based “over-the-top banking platform,” has added support for Samsung Pay in the U.K., making it easy for Samsung smartphone owners to pay using their mobile phone, regardless of

Where are US fintech’s next billion-dollar startups?

As fintech investments soar to new heights, investors are looking at the bottom and top levels of the services stack to find the next billion-dollar startups. That’s the word from seasoned inves

Despite Brexit, UK startups can compete with Silicon Valley to win tech talent

Brexit has taken over discourse in the UK and beyond. In the UK alone. The impact of Brexit has already rippled through industries all over the world. The UK’s technology sector is no exception...

Monzo says it wasn’t storing ‘some’ customer PINs correctly, but has now fixed the bug

Monzo, the fast-growing U.K. challenger bank that recently soft-launched in the U.S., is disclosing a potential, albeit relatively limited, security oversight that saw customer PINs stored incorrectly

Why this Nigerian fintech startup is volunteering audited financials

Nigerian fintech firm Carbon — an early-stage financial services startup based in Lagos — has posted on its website financials audited by KPMG. This comes four months after the company obtained a

UK challenger bank Atom raises another £50M from BBVA and more at £530M valuation

Another hopeful among Europe’s so-called challenger banks — startups taking on the big names in consumer banking by targeting niche groups of users with a more modern set of tools to manag

Monzo, the UK challenger bank, raises £113M Series F led by YC’s Continuity fund at a £2B post-money valuation

Monzo, the fast-growing U.K.-based challenger bank with more than two million account holders, has raised £113 million (~$144m) in additional funding. Confirming TechCrunch’s scoop in April, th

Monzo, the UK challenger bank with over 2 million users, expands to the US

Monzo, the U.K. challenger bank with more than two million customers and a unicorn valuation to go with it, has formally announced its U.S. expansion. The tentative move — which TechCrunch excl

Emma, the London-based money management app, launches in the US and Canada

Emma, the U.K. money management app (now calling itself your “best financial friend”), has launched in the United States and Canada — and is now one of a plethora of London fintechs venturin

Line teams up with Visa to boost its mobile payment service

Messaging app Line has partnered with Visa to bring traditional financial clout to its mobile payment service. The deal will see Line Pay become compatible with Visa’s 54 million merchant partne

YouTrip, a challenger bank in Southeast Asia, raises $25.5M for expansion

Singapore-based startup YouTrip thinks consumers of Southeast Asia deserve a taste of the challenger bank revolution happening in the U.S. and Europe, and it has raised $25.5 million in new funding to

Sources: Y Combinator’s growth fund to back challenger bank Monzo

Just five months after announcing £85 million in Series E funding, Monzo is already gearing up to raise additional funding, which would almost double its valuation. As reported in the Sunday Times ye

The CFO of UK fintech challenger Revolut has resigned

This hasn’t been a good week for challenger bank Revolut . The company, which offers digital banking services and is valued at $1.7 billion, confirmed today that embattled CFO Peter O’Higg

Challenger bank Monzo has quietly begun working on a U.S. launch

Monzo, the U.K. challenger bank with more than a million customers and a unicorn valuation to boot, has quietly begun working on a U.S. launch, TechCrunch has learned. According to multiple sources, t

Nyca Partners’ Hans Morris hunts for great fintech investments amid volatility

Hans Morris is a name to know in fintech, and as finance and tech sectors prepare for tougher time next year, he has some incisive thoughts to share about the kinds of companies that will succeed (or

Monzo launches interest-earning savings accounts

Well, you have to admire a staggered PR plan. Monzo, the U.K. challenger bank that just announced £85 million in Series E funding and its entrance into the fintech unicorn club, is rolling out a new
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