Monzo is shutting down US operations to focus on UK and Europe

Monzo's decision to shut down its US operations indicates a strategic pivot back to its core markets in the UK and Europe.

Newsquawk StaffPublished 31 Mar 2026, 17:20 UTCOn the live feed at 17:00 UTC — 3 more headlines followed before this page went public

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17:06

The leaders of Japan and France are poised to agree Wednesday to create a roadmap for diversifying supplies of rare earths and other critical minerals, Nikkei has learned.

17:04

Bloomberg reports Iran President Reiterates Iran's demands on ending the war

17:00

Monzo is shutting down US operations to focus on UK and Europe

16:58

Hunterbrook Media says Lennar (LEN) appears to have locked itself into paying billions in fees to Wall Street firms just to hold land it used to own; Hunterbrook Capital holds no position in LEN at time of this article

16:41

[MARKET UPDATE] Stocks surge, oil tumbles, Dollar hit and Treasuries gain as Iranian President Pezeskhian says Iran seeks no war but is prepared to end it with guarantees against further attacks

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Context

This move may suggest challenges in the competitive US fintech landscape, impacting investor sentiment regarding future growth prospects. Traders should watch for possible ramifications in the broader fintech sector and potential shifts in market dynamics for competitors operating in the US.

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