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827 UK digital bank startup Monzo turns profitable for the first time after 9 years of operation

Startups News
Nickie Louise @ Startups News · 06/03/2024 10:23 EDT

UK digital bank startup Monzo turns profitable for the first time after 9 years of operation

British digital bank startup Monzo posted its first-ever annual profit after nine years in business. In an announcement on Monday, Monzo revealed that its pre-tax profits for the fiscal year 2023-2024 totaled £15.4 million ($19.6 million), a significant turnaround from ...

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