Monzo Bank’s customers were left frustrated on Tuesday after the online bank suffered a widespread app outage, temporarily knocking out key features while core banking services continued to work.

It has been a rollercoaster few months for TS Anil and Monzo. The chief executive was ousted by the UK fintech’s board, ...

A Monzo spokesperson said it had activated a back-up banking service after identifying issues affecting its app.

Digital bank Monzo is in talks to raise hundreds of millions of dollars in fresh funding, sources say. Monzo is also set to raise at a substantially higher valuation, after taking a haircut in 2020.

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 ...

Customers reported failed subscription payments and support issues, though a backup system kept some basic functionality online.

Monzo is preparing to give outgoing chief executive TS Anil a broader role than first planned after pressure from major ...

UK-based digital bank Monzo notes that getting paid can be fun, but quite often, what “goes on behind the scenes isn’t.” According to Monzo’s blog post, if anything, getting paid may “take the fun out ...

Monzo to give outgoing CEO TS Anil expanded role after investor backlash, FT reports Monzo will give TS Anil an expanded role when he steps down as chief executive of the British mobile bank next ...

Monzo, a top digital bank serving the UK and the US, has surpassed seven million customers, according to an investor update posted on the Monzo community forum. The post indicates that Monzo has been ...

London-based digital bank Monzo is set to raise $500 million in a new funding round. The deal values the fintech at $4.5 billion, with new investment coming from the Abu Dhabi Growth Fund. Monzo's ...

Challenger bank Monzo is close to raising a second extension to its June funding round. Founded in 2015, Monzo will bring in new funding from crossover Silicon Valley fund Octahedron Capital. The £50 ...