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Monzo passes landmark business customer numbers in first for a digital bank
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NEWSDECK ANALYSIS
The growth of digital banking in the UK has been driven in part by increasing demands from HM Revenue & Customs (HMRC) for businesses to manage their finances and submit tax returns online. This shift has created an opportunity for digital banks like Monzo to provide services tailored to the needs of business customers. As a result, the number of businesses using digital banking services has been increasing, with Monzo now reaching a significant milestone in its business customer base.
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Independent Business
Monzo passes landmark business customer numbers in first for a digital bank
Digital banking’s rise has coincided with HMRC placing more online demands on UK firms
28 Jul, 13:29
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