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Monzo to exit U.S. market to focus on UK and Europe.
Monzo is exiting the U.S. market to focus on its home country and Europe.
The digital bank, which struggled to gain traction in America, will stop accepting new customers and is laying off staff.
Existing U.S. users can continue using their accounts until June, as the company shifts its strategy following a failed attempt to secure a banking license.
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Monzo saldrá del mercado estadounidense para centrarse en Reino Unido y Europa.