Monzo heads into black at start of year

Digital bank Monzo reached profitability in the first two months of 2023. The trailblazing FinTech also reported an almost doubling of revenue over the 12 months to 28th February 2023, reaching £214.5m. In the same period it made losses of £116.3m, down from £119m in 2022. Total lending volume reached £759.7m, almost tripling year-on-year, but … Continue reading Monzo heads into black at start of year