Category: Monzo

Monzo recruits former Amex exec Sujata Bhatia as its new COO
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Monzo recruits former Amex exec Sujata Bhatia as its new COO

More personnel changes are afoot at Monzo, as the U.K. challenger bank continues to bolster its leadership team. Specifically, TechCrunch has learned that Sujata Bhatia, a former American Express executive in Europe, has been recruited as Monzo’s new Chief Operating Officer, replacing previous COO Tom Foster-Carter (who left the bank rather suddenly in November to…

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Early Monzo employee Simon Balmain is joining Sphere, the group chat app founded by ex-Yahoo Nick D’Aloisio
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Early Monzo employee Simon Balmain is joining Sphere, the group chat app founded by ex-Yahoo Nick D’Aloisio

If you have ever attended (or tuned into) one of Monzo’s many community events, you are likely familiar with the work of Simon Balmain. An early employee of the challenger bank, he has played a long-term role in helping to build Monzo’s customer support and community efforts and was often seen emceeing events. Now TechCrunch…

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Monzo launches free and paid-for business bank accounts
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Monzo launches free and paid-for business bank accounts

Monzo, the U.K. challenger bank, is officially launching business bank accounts today, after an extensive trial period over the last 12 months that saw early access given to 2,500 business customers. Perhaps surprisingly, right out of the gate Monzo is offering two versions of its business bank account — which is aimed at sold traders…

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Monzo says it wasn’t storing ‘some’ customer PINs correctly, but has now fixed the bug
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Monzo says it wasn’t storing ‘some’ customer PINs correctly, but has now fixed the bug

Monzo, the fast-growing challenger U.K. challenger bank that recently soft-launched in the U.S., is disclosing a potential, albeit relatively limited, security oversight that saw customer PINs stored incorrectly within the company’s internal systems. Discovered on Friday, the “bug” has now been squashed after being spotted by one of Monzo’s security engineers, co-founder and CEO Tom…

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