Overview
Monzo is closing its US banking operations to focus on its core UK and European business, citing a customer base of 15 million in the UK. The decision follows struggles in the US market and comes under new CEO Diana Layfield.
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Monzo is closing its US banking operations to focus on its core UK and European business, citing a customer base of 15 million in the UK. The decision follows struggles in the US market and comes under new CEO Diana Layfield.