Monzo, a European Neo Bank, Is on the Path to Profitability

Sifte: Monzo, the digital bank that many of you probably have a card from in your pocket founded in 2015. It says its revenues have more than doubled in the past year and it's pretty on the path to profitability this year. Revolut also has told Sifte that his fintech has been profitable for two years. But since Revolut has now twice missed the deadlines, filing its annual accounts, we are not able to back up those numbers just yet.