Monzo reported sharply higher profits on Monday that will inevitably fuel further speculation about a public listing, but its CEO wants to downplay those expectations.

British digital bank has raised 340 million pounds ($431.26 million) at a 4 billion pound ($5.07 billion) valuation, the company said in a statement on Tuesday.

Monzo is close to hiring investment bankers to spearhead a blockbuster public listing valued at more than £6bn. The digital challenger bank is working with the Wall Street bank Morgan Stanley on ...

Still, Monzo’s results are one more ray of warm sunshine for this particular subsector of the beleaguered fintech market. And in 2023, all bits of good news are welcome. Topics ...

Monzo 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 a tenth of its lending book.

Undo this payment’ (Picture: Monzo) After making a bank transfer, customers will see a timer appear on the payment confirmation screen with an option to undo the payment (the default time is 15 ...

The link in the text directed recipients to visit a convincing clone website which used the Monzo logo and text copied from the bank's app. This phishing site initially asked potential victims to pass ...

British digital bank has raised 340 million pounds ($431.26 million) at a 4 billion pound ($5.07 billion) valuation, the company said in a statement on Tuesday. The round was led by CapitalG, a ...

Monzo Bank reported its first annual profit after more than doubling its revenue last year, though it made provisions for bad loans worth more than a tenth of its lending book.

Monzo, which said it became profitable in March 2023, said it would use the funds to expand and introduce new products. The company was valued at $4.5 billion in late 2021 after a previous funding ...