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Payments

Revolut Leads Digital Banking Surge in The UK as Downloads Top Legacy Banks

UK neobanks have achieved a milestone by surpassing traditional banks in app downloads, reaching 71.78M Android users.
Revolut leads the neobank pack with 15.6M downloads in 2024.

Thursday, 19/12/2024 | 10:25 GMT by Damian Chmiel

Payments

Monzo Becomes First UK Bank to Offer Apple Pay Monthly Payments

Flex customers on iOS 18 can now spread payments over several months via Apple Pay.
Apple ended its BNPL service and is now partnering with third parties like Monzo and Affirm.

Tuesday, 17/09/2024 | 09:33 GMT by Tareq Sikder

Payments

Google Bets Big on Monzo, Values The UK Fintech at $5 Billion

The digital bank secures $400 million from CapitalG, aiming for further expansion.
Despite fintech challenges in Europe, Monzo added 2 million customers in 2023.

Tuesday, 05/03/2024 | 13:00 GMT by Damian Chmiel

FinTech

Monzo's Valuation Poised to Hit £4 Billion in Latest Capital Raise

The challenger bank's upcoming funding could hit £350 million.
Despite the fintech investment dip, Monzo defies the trend with a new hefty round.

Tuesday, 20/02/2024 | 11:37 GMT by Damian Chmiel

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