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Monzo heads into black at start of year

Digital bank Monzo reached profitability in the first two months of 2023. The trailblazing FinTech also reported an almost doubling of revenue over the 12 months to 28th February 2023, reaching 拢214.5m. In the same period it made losses of 拢116.3m, down from 拢119m in 2022. Total lending volume reached 拢759.7m, almost tripling year-on-year, but … Continue reading Monzo heads into black at start of year