Monzo Considers Launching Mobile Service to Rival Major Phone Networks
- Monzo is considering launching its own mobile service, potentially challenging major UK phone networks, as confirmed by the company.
- The Financial Times reported that Monzo is developing a digital SIM that connects to a mobile network without a physical card.
- Monzo has ranked first in banking satisfaction results compiled by the Competition and Markets Authority, noted for overall service quality.
- A spokeswoman for Monzo stated that the company aims to improve mobile contracts, which customers find challenging, as part of their innovation efforts.
10 Articles
10 Articles

Monzo considers launching mobile service to rival major phone networks
The 10-year old lender confirmed it was in the ‘early stages’ of developing the idea.
Monzo Looks to Copy Revolut by Preparing to Launch a UK Mobile Service
Digital banking company Monzo has revealed that they’ve begun to “explore” how they could launch their own mobile provider in the UK, which seems likely to echo the approach that rival banking and money management app Revolut recently began to take (here); although we’re still waiting for the latter to take their training wheels off. “When we heard from our customers that mobile contracts can be a pain point, we set out to explore how we could d…
Monzo Expands Services: Introduces Mobile Plans for Customers | Fintech InShorts: Latest fintech news, analysis by experts
Discover how Monzo is revolutionizing banking with its new mobile phone service offerings. Highlights: Monzo launches mobile phone plans for customers. The service aims to integrate banking and connectivity. Plans are designed with simplicity and transparency in mind. Monzo is enhancing its customer experience by introducing mobile phone plans that seamlessly integrate with its banking services. This innovative move aims to provide simpler and …
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