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Monzo gains EU banking licence, launching fee-free accounts in Ireland and expanding across Europe.
Monzo has obtained a full banking licence from the Central Bank of Ireland and the European Central Bank, enabling it to operate across the EU from its new Dublin headquarters.
The UK-based digital bank, founded in 2015, will launch fee-free accounts with budgeting, savings, and security tools for Irish customers, including personal, business, and children’s accounts.
The licence marks Monzo’s major expansion into Europe, allowing it to serve consumers and businesses across the continent under a single regulatory framework.
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Monzo obtiene la licencia bancaria de la UE, lanzando cuentas libres de tarifas en Irlanda y expandiéndose por toda Europa.