Losses widen at UK fintech Monese in eight month delayed accounts

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UK fintech Monese suffered a major widening of losses as its bottom line was hit by restructuring costs amidst its takeover by pseudo-bank peer Pockit.

The London-based firm – which provides mobile-only current accounts, multi-currency wallets, and money transfer services – booked a pre-tax loss of £15.9m in the 2024 financial year.

Fresh accounts – https://www.cityam.com/losses-widen-at-uk-fintech-monese-in-eight-month-delayed-accounts/">[...]