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The Latest Breaking News from Monzo

Monzo to shut down US business as 50 jobs cut

IN FULL

The Independent UK

Monzo to shut down US operations in ‘deliberate’ and ‘strategic’ move

The decision to leave the US will result in about 50 job losses

The Independent UK

Monzo to shut down operations in US and double down on UK and Europe

The digital bank said it was making a strategic decision to leave the US, which will result in about 50 job losses.

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

How Zopa want to be the next great British digital bank success story

The app-based bank reported a third year of profits and are set to push new AI features into their app

The Independent UK

Banks have new flexibilities to set higher contactless card limits in future

Britain’s major banks have said that they will keep the £100 card limit for now.

Evening Standard

£2.5m payment is reversed using Monzo’s tool for ‘oh no moments’

The ‘undo payments’ tool gives customers a short window to change their minds and stop a transfer before the money leaves their account.

Evening Standard

Major £100 contactless card limit rule is set to change — what you need to know

The contactless limit has been changed several times previously

The Independent UK

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Contactless card limit rule changes come into force from Thursday

Firms will have new flexibilities to set contactless card limits higher than £100 if they wish to in future under FCA rule changes.

Evening Standard

‘Mainly, you fast fooded’: Monzo under fire over ‘shaming’ year-end reviews

Bank criticised for tone of spending summaries, with one user complaining to ombudsman over ‘humiliating’ use of data

The Guardian - UK

Get invested: how to put your money to work supporting your values and interests

If you want to align your principles and passion points with your investments, specialist funds that focus on a particular theme could be the answer you’re looking for

The Guardian - UK

A beginner’s guide to investing: how to get started

If you’ve managed to pay down your debts and build up some savings to handle emergencies, perhaps it’s time you considered investing? But where to start?

The Guardian - UK

New ways to think about saving: how to form good habits and stay motivated

Money doesn’t have to be a stress in your life. Putting a little away each month is easier than you think when you make the process simple – it can even be fun

The Guardian - UK

The 50/30/20 rule: the simple system that takes the stress out of money management

Do you often find a surprise bill wrecks your monthly outgoings? Or maybe you struggle to treat yourself occasionally? Well, it’s time to take control of your financial life with this quick and easy budgeting method

The Guardian - UK

Revolut, Monzo or Santander: Which is the best premium bank account?

From sausage rolls to Tinder Gold, see what extras you can get with a paid-for current account

The Independent UK

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Evening Standard

Some £17m lost to jobs fraud as younger jobseekers targeted, Monzo reveals

The lender said more than 10,000 of its customers reported being victims of the scam during 2025.

The Guardian - UK

Monzo wrongly denied refunds to thousands of fraud and scam victims

Ombudsman found bank wrongly rejected 34% of complaints last year, with NatWest and HSBC close behind

The Guardian - UK

Friends with benefits: how referral schemes can really pay off

Earn money and other rewards by linking friends and family up to companies you use, from banks to energy firms

International Business Times UK

'A Terrifying Experience:' MPs Reveal UK Banks Had 33 Days of IT Failures — And It's Getting Worse

Parliament data shows UK's nine biggest banks suffered 158 IT failures over two years. Fresh 2025 research reveals outages cost £600,000 an hour — and legacy systems continue to make matters worse.

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news in one place.

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The Independent UK

Monzo down: Online bank not working properly amid ‘issues’

Monzo, the online bank, briefly stopped working properly on Tuesday.

The Independent UK

Why sticking with the same bank for years could be a costly mistake

Why it’s worth shopping around to get the best banking deal as millions miss out on thousands of pounds

The Independent UK

How to do Martin Lewis-backed 1p savings challenge in 2026

Savers could put away over £600 almost without realising

The Guardian - UK

Sainsbury’s CEO among business leaders recognised in new year honours

Simon Roberts, credited with helping to turn around grocer, made CBE along with former BAE Systems boss Ian King

The Independent UK

Sainsbury’s boss named on New Year Honours list

Simon Roberts has been appointed a CBE after taking the helm at Sainsbury’s in 2020

Evening Standard

Sainsbury’s boss among business leaders named in New Year Honours list

Simon Roberts has been made a CBE for services to the retail industry.

Evening Standard

Lime bikes, Oasis, Strawberries & Cream sandwiches, Kim Kardashian bras: How Londoners spent their money in 2025

Monzo online bank outlines spending habits of its customers

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