Monzo CEO Announces Plans for European Expansion

Monzo's new CEO, Diana Layfield, has announced plans to expand the UK-based digital bank into more European countries following its decision to shut down US operations. The company received a European banking license from Irish regulators in December and opened offices in Spain and Ireland.

By Vidhya Edwards Munnangi Wed, May 20, 2026 at 2:56 PM GMT+3 2 min read · Yahoo Finance ·

Monzo CEO Announces Plans for European Expansion

Topics: European expansion Leadership change Monzo US closure

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