Challenger bank Monzo launches overdrafts for eligible users
Monzo Bank has launched overdrafts for account holders after the challenger announced it had reached a milestone of 500,000 customers just one month ago.
Monzo Bank has launched overdrafts for account holders after the challenger announced it had reached a milestone of 500,000 customers just one month ago.
In a market dominated by new entrants, Starling Bank has followed up what it it called Britain’s first mobile-only current account with a business offering.
While the disruption of financial services has been going on for a number of years now, the capital banked by four of the most advanced digital challenger banks is hugely significant.