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The Latest Breaking News from Monzo

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.

The Independent UK

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”

Evening Standard

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.

Daily Record

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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

Manchester Evening News

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

Wales Online

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

Daily Mirror

'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

Wales Online

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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

Bristol Post

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.

Evening Standard

Women bear brunt of cutbacks as pay gap worsens at UK tech giants

A large swathe of the sector’s biggest names have recorded an increase in their median hourly pay gap

Evening Standard

Woman set to make £1,000 this year from people getting her name wrong

Julia says the problem has plagued her since childhood

Wales Online

Fed-up woman who puts £1 in jar when people call her wrong name set to make £1,000

A woman who is repeatedly called the wrong name has come up with a genius solution to ease the pain of the frequent mistakes - and it could help her savings to flourish

Daily Mirror

Surge in current account customers switching banks

Record number used seven-day switching service as rivals offer strong incentives to move accounts

Wales Online

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The Independent UK

Surge in current account customers ditching and switching their bank

The number of current account customers using the seven-day switching service in the final quarter of 2022 was the highest since it launched in 2013.

Daily Mirror

Three in five Brits worry they won't have enough money to make it through the year

Almost a fifth don't expect to be able to set any money aside in savings this year due to the continuing cost-of-living crisis as they aim to tighten their weekly spending budget by over a third

Daily Mirror

Edin Dzeko spotted laughing at Romelu Lukaku's nightmare moment during Inter Milan match

Romelu Lukaku had Edin Dzeko in stitches during Inter Milan's 2-2 draw with Monza, as the on-loan Chelsea striker took a poor first touch - only for their opponents to equalise as a result

The Independent UK

Spike in use of gambling blocks to curb overspending amid income squeeze

Online bank Monzo revealed that it has seen 50,000 of its customers utilise its gambling block tool for the first time over the past six months.

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Birmingham Post

Management shake-up at GB Bank as chair Paul Rippon resigns

The co-founder of Monzo spent more than two years with the challenger bank

The Guardian - UK

Chris Pitt of First Direct: ‘We’re the best unfound bank in Britain’

The chief executive pulled out all the stops for customers with their mortgages during the mini-budget turmoil. Now he wants to double their number

Manchester Evening News

'I blew my entire salary within three hours of getting paid - it wasn't all my fault'

Danny Cheetham racked up £50k worth of debt

The Guardian - UK

Student budgeting: make your money go further as cost of living crisis bites

From banking to accommodation and discounts and deals, there are ways to make your cash stretch

Daily Mirror

Travel expert reveals conversion rate mistake that causes holidaymakers to lose out

A savvy travel whizz has shared her essential 'hack' to better conversion rates with just a click of a button - people are shocked at this easy money-saving tip with many falling victim to the error

Evening Standard

Starling and Monzo beat big banks in customer satisfaction survey

298-year-old Royal Bank of Scotland came bottom of the list

The Independent UK

Challenger banks jump ahead of industry giants for customer satisfaction

Starling Bank and Monzo were the top-ranked current account providers, while Royal Bank of Scotland and The Co-operative Bank were bottom-ranked.

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