Monzo hits first monthly profit after lending products boost income
Milestone comes as digital bank narrows annual loss, says IPO not imminent
Monzo chief TS Anil said the bank had no immediate plans for an initial public offering
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Monzo has hit profitability for the first time in a milestone for one of the UK’s most high-profile fintech firms.
The digital bank narrowed its annual loss to £116.3m in the 12 months to February 2023, down from £119m the previous year,...
