I recall in a post a few months ago on this forum that Monzo was hoping to secure funds from the RBS remedies fund to help create account for the SME market.
I have since discovered what seems to be a credible post stating that Monzo’s competitors have since won the funds available.
- How does this impact Monzo’s outlook on business accounts and the development of them
- Is there a reason Monzo didn’t qualify for any of the funds available.