Monzo, a UK digital-only challenger bank, granted full banking license

 Monzo, one of a number of so-called “challenger” banks in the U.K. aiming to re-invent the current account, has had the “restrictions” on its banking license lifted and says it will begin rolling out full current accounts to its pre-paid card and beta app users. Read More

from https://techcrunch.com/2017/04/05/monzo-a-uk-digital-only-challenger-bank-granted-full-banking-license/?ncid=rss