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Monzo Gets Full Banking Licence From Central Bank
Monzo opens EU base in Dublin with full Irish banking licence, offering accounts with 1.6% variable savings rate and no maintenance fees, targeting tech-savvy customers.
Summary by RTÉ
10 Articles
10 Articles
Monzo Receives ECB and Irish Banking License for European Expansion
Monzo has secured a full banking license from the European Central Bank (ECB) and the Central Bank of Ireland (CBI), enabling the UK-based digital bank to expand into European markets and advance its international ambitions. Founded in 2015 and fully regulated in the UK since 2017, Monzo has become a well-known digital banking provider. According to FF News, it serves more than 14 million personal customers and over 800,000 businesses. The bank …
Coverage Details
Total News Sources10
Leaning Left3Leaning Right0Center2Last UpdatedBias Distribution60% Left
Bias Distribution
- 60% of the sources lean Left
60% Left
L 60%
C 40%
Factuality
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