Monzo cen­tre to cre­ate 300 jobs

Yorkshire Post - Business - - BUSINESS / NEWS -

Boost: Dig­i­tal bank Monzo is to cre­ate more than 300 jobs in Cardiff, in a ma­jor boost to Wales’s fin­tech am­bi­tions. The Lon­don­based start-up bank is to open a cus­tomer op­er­a­tions cen­tre in the Welsh cap­i­tal, cre­at­ing 312 jobs over the next four years, af­ter re­ceiv­ing £950,000 of sup­port from the Welsh Gov­ern­ment.

Monzo, which launched four years ago, is the first chal­lenger bank to set up op­er­a­tions in Wales and joins in­dus­try gi­ants Lloyds Bank­ing Group, Bar­clays and HSBC which also have hubs in Wales. The Welsh Gov­ern­ment is aim­ing to per­suade more fin­tech com­pa­nies to move to Wales.

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