June 04, 2024 BY Robert Bell

Monzo Planning Expansion After First Profit

Monzo was launched in 2015 and has become the seventh-largest bank in the UK in recent years. With almost 10 million customers, Monzo has benefited from more customers depositing more funds with it, giving a pre-tax profit of £15.4m in the financial year ending in March, which was a huge improvement on last year’s pre-tax…

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