Monzo Bank

Type: Digital Bank

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About Monzo Bank

Founded	2015
Headquarters	London, England, United Kingdom
Market share	Monzo is one of the leading digital banks in the UK, competing with other fintech companies.
Major competitors	Revolut Starling Bank N26 Chime
Notable partnerships	Collaboration with TransferWise for international money transfers. Partnerships with various retailers for cashback offers. Integration with budgeting apps for enhanced financial management.
Recent developments	Expansion of services to include business accounts. Introduction of new features like cryptocurrency trading. Partnerships with various fintech companies for enhanced services.
Regulations	Monzo is regulated by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) in the UK.
Official website	https://monzo.com