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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
Digital bank Monzo said today it has secured a full banking licence from the Central Bank here and the European Central Bank, marking its first major step into Europe.

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RTÉ broke the news in Ireland on Wednesday, December 17, 2025.
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