The Premium option comes with features such as phone and travel insurance and free abroad withdrawal of up to £600 every 30 days. Monzo’s digital banking account options include its original current account with no monthly fees, Monzo Plus at £5/month, or Monzo Premium at £15/month. The London-based fintech company employs over 1,600 people, with offices in London and Cardiff. Fully authorised and regulated by the PRA and FCA, over 5m people use Monzo to manage and spend their money around the world. This capital was raised across nine funding rounds, with the likes of Seedcamp, Index Ventures, Molten Ventures (formerly Draper Esprit), Ribbit Capital, Schroders, and Tiger Global.Īlso operating a challenger bank is Monzo. The company tops our list with a rather impressive £1.27b in equity investment already secured. In December 2021, Revolut Bank was granted a full banking licence by the European Central Bank. And last year, Revolut launched an affordable acquiring solution for Europe, enabling businesses in 29 countries to accept card payments online. Each plan offers additional perks, with the Metal account giving members access to cashback in a (crypto)currency of their choice and four times the standard surcharge-free ATM allowance. Revolut offers several plans: a free Standard account, a £2.99/month Plus account, a £6.99/month Premium account, and a £12.99/month Metal account. It provides a financial services and digital banking app where users can track and send money, trade cryptocurrency and more, and serves over 16m customers worldwide. The first of the fintech companies is startup unicorn and challenger bank Revolut.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |