FinTech Magazine June 2019 | Page 74

TOP 10
74

01 Monzo

London

Among the UK ’ s leading challenger banks , Monzo offers everything you ’ d expect from a digital bank – a well-designed app , free international payments , money management advice , etc . The company has also placed its vibrant , coral pink cards into the hands of over 1mn users , and by February 2018 over £ 2bn had been spent through the bank . In May , Monzo launched its new , Monzo Plus product as part of a campaign to make 2019 the company ’ s most feature-packed year to date . Co-founder and CEO , Tom Blomfield said : “ We want to finish 2019 with a whole host of new features that make people say ‘ I can ’ t believe banks haven ’ t always done it this way .’ And over the next year , teams across the company are going to work on actually building those features .”
JUNE 2019