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- Monzo acquires Habito to accelerate push into mortgages - UK challenger bank Monzo has agreed to acquire UK mortgage broker Habito in its first major takeover, marking a significant step in its ambition to become a fully fledged financial “super-app”. While the purchase price has not been disclosed, the deal signals Monzo’s intent to move deeper into the lucrative home-buying market and build a […]
- Monzo Expands Insurance Offering with Launch of Flexible Home Cover for Homeowners - Digital bank Monzo has today announced the launch of Monzo Home Insurance, a fully flexible combined buildings and contents insurance product tailored specifically for homeowners. The new policy builds on the success of Monzo’s contents-only insurance for renters, which launched in April, and marks a significant step in the bank’s ambition to provide all-in-one financial […]
- Will the London Stock Exchange lose the Monzo IPO to New York? - Monzo is considering an initial public offering (IPO), but its management are split over whether it should happen in London or New York. The digital-first challenger bank is preparing to list on the stock market in the the near future, the Financial Times reported today. The firm’s CEO TS Anil favour listing in the US, […]