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The Latest Breaking News from Monzo

TSB reimbursed 15 times more customers’ fraud losses than Monzo in 2022

Regulator figures show huge differences in banks’ treatment of fraud victims, from 94% of claims refunded by TSB to 6% at Monzo

The Guardian - UK

Banks’ performance in dealing with APP scam victims revealed by regulator

The Payment Systems Regulator said there are inconsistent outcomes for customers who report an APP scam to their bank or building society.

The Independent UK

Employers urged to sign up to new pledge to help homeless in the workplace

Thames Water, Pret A Manger and Monzo are among the firms which helped draft the covenant.

The Independent UK

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Monzo launches industry-first ‘call status’ tool to stall impersonation scams

The in-app feature will tell customers whether the bank is calling them or if they are being targeted by fraudsters with an attempted scam.

The Independent UK

Free pasta and tree-planting: the smartest new credit and debit cards offering perks for Londoners

From the rewards card for fitness-loving foodies to the UK’s first green debit card, Katie Strick picks the best to add to your wallet

Evening Standard

Monzo is UK’s best bank, Virgin Money and RBS the worst, says CMA survey

The Competition and Markets Authority’s latest satisfaction survey asked customers how likely they would be to recommend their provider to a friend, relative or other business

Evening Standard

Digital banks beat high street lenders in customer satisfaction survey

Monzo was voted the best provider for individuals and businesses in a survey of thousands of people in Britain.

The Independent UK

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City watchdog to contact MPs and other PEPs to ask if they have been debanked

Inquiry aims to find out extent of denial of banking services to politically exposed persons such as politicians and army leaders

The Guardian - UK

UK banks to be given two weeks to explain closing of customer accounts

Regulator to write to more than 20 of largest lenders after Nigel Farage’s accounts were threatened with closure

The Guardian - UK

I’m secretly a Coutts customer but for people like me there’s little point

You need be rich to take advantage of the actually useful stuff – I hide my card and just use my Monzo

The Guardian - UK

Gina Miller told her party political bank account will be closed

Concerns over ‘debanking’ have risen after Nigel Farage controversy

Evening Standard

Anti-Brexit campaigner calls for investigation into banks after Monzo account closed

The leader of the upstart True & Fair political party said challenger bank Monzo is closing its account with the group after two years

The Independent UK

What is a 'politically exposed person' and why do the likes of Jeremy Hunt and Nigel Farage claim the status prevents them getting bank accounts?

Reports vary as to why the private bank Coutts decided to close the account of former UKIP leader Nigel Farage. He claims he was excluded for his political views, the bank says the problem was a lack of funds. But either way, his case does highlight a wider and longstanding…

The Conversation

London fintech Monzo preparing merger deal with Nordic rival Lunar

The mobile bank is also considering other acquisitions in Europe

Evening Standard

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The Guardian - UK

Jeremy Hunt reveals he was refused Monzo bank account

Chancellor says barriers to careers in public life must be removed after being refused account ‘as a politically exposed person’

The Independent UK

Monzo tips to a profit as more customers turn to credit

The bank, which says it has more than a 10th of the population as customers, managed to tip to a profit in March.

Evening Standard

The serial start-up man whose final stop will be delivery vans

Simple logistics: “We offered a service that was so much better than what firms had been using before that,” says Tristan Thomas. “We delivered on the day we said we were going to, at the time we said, without damaging parcels”

Daily Record

Middle-class couple jailed for selling cocaine as judge warns they're 'not special'

A judge decided Jordan Heeley and Alexandra Ditcham should face jail time despite the efforts of the defence barristers.

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Manchester Evening News

The middle-class couple who sold cocaine to their friends at social gatherings and made £13,000 - as they are told by judge "you are not special people"

Jordan Heeley and Alexandra Ditcham were on course to make £60,000 a year from the drugs operation

Wales Online

Martin Lewis' MSE reveals best app-based bank accounts - including Starling and Monzo and Chase

Digital banking is growing in popularity as more and more people opt for apps - such as Starling, Chase and Monzo - that they can use for all, or most, of their financing in one place

Daily Mirror

Woman who bought first home at 22 shares tips on how to save for a deposit in 18 months

Lauren Simpson and her fiancée Elizabeth Norman, from York, have shared their top tips on how first-time buyers can save up enough money for a deposit for a property of their own

Wales Online

'I bought my first home at 22 - it took me 18 months to save for a deposit'

Lauren Simpson has offered some advice on how to get on the property ladder

Bristol Post

Climate change: List of UK banks that don't invest in fossil fuels

Switching banks is a simple and quick thing everyone can do to tackle the climate crisis

Evening Standard

Paul Rippon net worth | Evening Standard Tech Rich List

Paul Rippon is best known for being one of the founding members of Monzo, one of the biggest fintechs in the UK which was valued at nearly £4 billion at its most recent funding round.

Evening Standard

OPINION - Tech & Science Daily podcast: Big tech gender pay gap increases in UK

Analysis by the Evening Standard has found that the gender pay gap at UK arms of tech giants including; Facebook, Google, Apple and Monzo, has gotten worse.

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