At the same time, rival neobanks like Revolut, Oaknorth and Starling are doubling down on US expansion. Last month Revolut ...
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Monzo banking app faces outage, thousands affected
Monzo, the online bank, has gone down for thousands of users leaving them unable to use the app properly. Messages on the banking app tell users: ‘We’re experiencing issues, we’ll let you know when ...
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.
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