MEDIUMVulnerability
Global
Monzo to shut down US business to focus on expansion in Europe
Wednesday, April 1, 2026 at 09:17 AM UTC·Source: Finextra
Updated: Monday, April 6, 2026 at 12:18 AM UTC
Executive Summary
British digital bank Monzo is to shut down its operations in the US to focus on its core business in the UK and expansion into Europe.
Analysis
British digital bank Monzo is to shut down its operations in the US to focus on its core business in the UK and expansion into Europe.