Challenger bank Monzo now has three million customers, with sign-ups continuing to rise for the app-only bank. Monzo reached the milestone only four months after acquiring two million users and the company said it is currently taking on 55,000 new customers every week.
Monzo
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Digital banks operating within Britain are on track to treble their customers in the next year.
Edinburgh-based personal finance app Money Dashboard has raised over £4.6 million to allow the fintech to triple its staff numbers.