Tag: Monzo
Two in five to have digital-only bank account by 2025
Just over 2 in 5 (44%) UK adults will have a digital-only bank account in five years time, equivalent to 23.2 million Brits, according to new research from personal finance comparison website, finder.com. Currently, almost a quarter (23%), or 12 million, Brits have a digital-only bank account, according to, annual digital-only banking adoption report. This…
London Tech Week: Theresa May announces £1bn investment in UK
Global tech companies have pledged to invest more than £1 billion in the UK, outgoing Prime Minister Theresa May is to announce at the opening of London Tech Week. Mrs May will also commit the Government to invest £153 million in the development of quantum computing. The prime minister will make the announcement at the…
Big Issue trials ‘world’s first resellable’ magazine with digital bank Monzo
The Big Issue is launching trials of a new system turning it into what is believed to be the world’s first “resellable” magazine. A scannable QR code allows readers to pass the magazine to a friend, who can scan the code to pay for it again. The scheme, called Pay It Forward, aims to help…
