UK FinTech Monzo has revealed increased losses in its latest annual report as well as plans for new products and cost-saving measures. The firm reports that losses after tax were £113.8m in its 2020 financial year, an increase from £47.2m in 2019, while revenues rose to £67.2m from £19.7m in the same period. It acquired … Continue reading Losses double at UK FinTech Monzo