MONZO TOPS ONE MILLION BUSINESS ACCOUNTS

Summary from the TLDR Fintech newsletter

Monzo has become the first British digital bank to surpass one million business customers. Having launched the service in 2020, the online-only bank has seen numbers double in just the past two years, posing a challenge to the dominance of the UK's Big Four banks: Barclays, HSBC, NatWest, and Lloyds.