UK Neobank Monzo Secures Full Irish and European Banking Licence
4 Articles
4 Articles
Digital bank Monzo gains a full European banking licence
UK-based digital bank Monzo is ready to expand into Europe. The fintech has acquired a full banking licence from the Central Bank in Ireland, as well as from the European Central Bank. Monzo has gone from strength to strength since it launched back in 2015. Now the company’s European headquarters will be in Dublin, where it will be regulated by the Central Bank of Ireland. While Monzo’s European expansion is starting in Ireland, the digital bank…
Monzo to launch in Ireland after securing full ECB banking licence
Digital bank Monzo has announced plans to expand into Ireland and other European markets after securing a full banking licence from the European Central Bank (ECB) and the Central Bank of Ireland. Founded in 2015 and fully regulated in the UK since 2017, Monzo has become the UK's leading digital bank with more than 14m customers and over 800,000 businesses. Monzo claims to be the first digital bank to be full regulated by the Central Bank of Ire…
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