Monzo Ahead Of Revolut For US Banking License

  • “The five-year-old London-based startup, which has 4 million customers in the United Kingdom, has applied to the U.S. Office of the Comptroller of the Currency for a banking license.
  • Monzo entered the U.S. market via a partnership with Sutton Bank, which is based in Ohio. It is the first digital bank out of Europe to launch in the U.S. Today, Monzo says it has a waiting list of 20,000 customers in the U.S.”

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