Monzo Loses at Revenue But Wins in Security

Courtesy of William Iven

U.K. challenger bank Monzo has made headlines recently for massive losses that quadrupled year-over-year. Loses were recorded at £33.1 million ($43.6 million) in 2017, up from £7.9 million ($10.4 million) the previous year, according to the Financial Times. But customers may care more that the digital-first bank had a win when it comes to security. Recently, ...Read More

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