monzo

Monzo, the British challenger bank nearing 5 million customers, has recruited a new US CEO

Monzo, the U.K. challenger bank with just shy of 5 million customers, has recruited a new U.S. CEO to head up its efforts states-side, TechCrunch has learned. Carol Nelson, who previously spent 10 yea

Monzo founder Tom Blomfield is departing the challenger bank and says he’s ‘struggled’ during the pandemic

Monzo founder Tom Blomfield is departing the U.K. challenger bank entirely at the end of the month, staff were informed earlier today. Blomfield held the role of CEO until May last year when he assume

Hibob raises $70M for its new take on human resources

Productivity software has been getting a major re-examination this year, and human resources platforms — used for hiring, firing, paying and managing employees — have been no exception. To

This Week in Apps: The year’s best apps, 2020’s biggest downloads, the App Store’s newest hire

Welcome back to This Week in Apps, the TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry is as hot as ever, with a recor

Monzo, the UK challenger bank, picks up additional £60M in funding

Monzo, the U.K. challenger bank now with more than 4.8 million customers, has closed another £60 million in funding, priced the same as and effectively an extension of its previous top-up round in Ju

Looking to emulate Venmo, JoomPay preps a Euro launch for easy bill splitting and cash payments

JoomPay, a startup with a similar product to PayPal-owned Venmo in the U.S., is set to launch in Europe shortly after being granted a Luxembourg Electronic Money Institution (EMI) license. The app all

Which neobanks will rise or fall?

Neobanks have created a new tech stack, completely changing the services, products and speed at which they are delivered, and creating more fluidity in payments and currencies.

Daybridge, a time management app by former Monzo engineer Kieran McHugh, raises £750K seed

Daybridge, a productivity and time management app by former Monzo engineer Kieran McHugh, has picked by £750,000 in a seed round led by early Monzo backer, Passion Capital. Also participating is a nu

Tristan Thomas, Monzo’s long-standing VP of Marketing, is departing the challenger bank

Tristan Thomas, Monzo’s long-standing VP of Marketing — who joined the challenger bank almost five years ago when it had less than 15 employees! — has announced internally that he is

Building a fintech giant is very expensive

Venture capitalists and other investors have poured capital into fintech startups around the world in recent years, including a record number of rounds worth $100 million or more in the second quarter

(How to fix) 5 common UX mistakes in online banking

Customer support is a huge part of a user’s experience, and one that every bank likes to say they’re great at. But there is a lot we can learn from the mistakes that U.K. banks have made. Based on

Monzo launches new Monzo Plus with software features it hopes users will want to pay for

Can a bank charge for software? That’s the existential question Monzo appears to be asking itself with its second — or, possibly, third — attempt at launching Monzo Plus, a premium v

14 VCs discuss COVID-19 and London’s future as a tech hub

The UK has created 63 tech unicorns in the past decade (according to Dealroom), and it almost goes without saying that the vast majority of those companies were based out of London, the country’s la

Zopa granted full UK bank license as it gears up to launch savings account and credit card

Zopa, the 15-year-old peer-to-peer lending company, is announcing that it has been awarded its full U.K. bank licence, as it gears up to launch a fixed-term savings account, followed by a credit car

Monzo confirms £60M down round, with a new pre-money valuation of £1.24B

Monzo, the U.K. challenger bank with more than 4 million customers, has confirmed it has closed £60 million in top-up funding. Backing the round are existing investors Y Combinator, General Catalyst,

This Week in Apps: Protests impact app stores, FTC fines app developer, kids’ app trends

This week we're taking a look at how the civil unrest and George Floyd protests played out across the app stores. The events led some apps to surge, and even break records.

Monzo to lay off up to 120 employees as the ‘economic situation’ remains challenging

Monzo, the U.K. challenger bank, continues to be faced with tough decisions linked to the coronavirus crisis and resulting economic downturn. Following the shuttering of its Las Vegas-based customer s

This UX specialist opened 12 UK bank accounts and ‘logged everything’

“I’ve got a really high attention to detail, which might sound great, but it’s possibly a curse because I can’t help but spot problems with everything around me,” says Peter Ramsey.

Monzo co-founder Tom Blomfield moves from UK CEO role to president

More than five years after starting the company, Monzo co-founder Tom Blomfield is stepping down as CEO of the U.K. challenger bank to take up the newly created role of president. Current U.S. CEO, TS

UK’s ANNA raises $21M for its SMB-focused business account and tax app

Small and medium businesses and sole-traders account for the vast majority of businesses globally, 99.9% of all enterprises in the U.K. alone. And while the existence of millions of separate companies
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