A new banking brand trying to take on Monzo has unveiled an environmentally-friendly bank card made out of wood. TreeCard will launch in early 2021 and has already attracted 28,000 sign-ups in Britain before opening, the company said. It has pledged to spend the majority of its profits from retail fees on […]
Monzo
Monzo gained more customers from current account switches than any other bank
The bulk of Monzo’s business comes from customers spending money on its iconic “hot coral” cards. Photo: Reuters Startup bank Monzo, which is racing to become self-funding amid mounting losses, gained the most number of customers via current account switches than any other bank in the UK in 2020. New […]