Hi, can you give me some info on a Facebook post doing the rounds? Friends who use Monzo and Curve - the FCA have withdrawn one of their partners’ licenses with immediate effect - not too bad if you’re a Curve customer, just take a different card out with you, but Monzo customers might have account…

[image] Monzo (monzo) @matthewjmurtagh Rest assured, we moved away from using Wirecard when we moved our customers from pre-paid accounts to current accounts back in 2018! 1:20 PM - 26 Jun 2020

Hi @Bigpip Monzo moved it’s services in house a while ago and are not affected by the decline of Wirecard.

Thanks @16bitkieran I just started searching to try and find a reference :slight_smile:

welcome to the forum Phil , thanks for your advice , but Im not going to bother transferring to somewhere else on the basis of a Fb post as Monzo is guaranteed by the UK govt up to £85K for each individual customer, which Im very reassured by , just like any other UK regulated bank, as others have…

I personally make all my financial decisions based on things I see on Facebook.

I’m not sure that an unfounded internet scare story is a great first post on the forum, It’s nicely done, I’ll grant, with just enough truth to seem convincing but irrelevant to Monzo as the slightest of internet research would have revealed. Welcome anyway but I think this thread has already run i…

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16bitkieran (Kieran) 26 June 2020 13:22 3

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