Reading List
Monzo is shutting down its US operation, and its European banking licence explains why from The Next Web RSS feed.
Monzo is shutting down its US operation, and its European banking licence explains why

In short: Monzo announced on 1 April 2026 that it is closing its US operations, stopping new American sign-ups immediately and shutting existing accounts by June, and cutting approximately 50 roles. The decision comes three months after the UK challenger bank received a full banking licence from the European Central Bank and the Central Bank of […]
This story continues at The Next Web