Monzo, the UK neobank, is looking to make up for a disappointing run in the US with a refocus on markets closer to home: the EU, including Ireland. In August 2024, it set up its European headquarters in Dublin, and in December last year, it acquired an Irish and EU banking licence, allowing it to passport its services to all 27 countries in the bloc. In the coming days, Monzo will open for business to Irish customers – around 14,000 of whom have joined a waitlist for an account. Monzo has grown to 15 million UK customers since it was…

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