Challenger bank Monzo has quietly begun working on a U.S. launch

Monzo, the U.K. challenger bank with more than a million customers and a unicorn valuation to boot, has quietly began working on a U.S. launch, TechCrunch has learned.

According to multiple sources, the fintech startup has set up a small team to begin laying the ground work to bring a version of Monzo to North America, which will initially be powered by a U.S. banking partner while Monzo works on the necessarily regulatory licenses to

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