Monzo launches personal and business accounts in Spain
- British neobank Monzo expands to Spain with 4% interest rates and Bizum integration, marking its latest European growth under Francisco Sierra.
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Monzo launches personal and business accounts in Spain · Bizum payments reach 1.6m Spanish retail points · Santander begins tech unit workforce cuts
Bizum payments reach 1.6m Spanish retail points
- Over 75% of Spain's bank terminals now accept face-to-face Bizum payments as the service expands to 20 million active users nationwide.
Santander begins tech unit workforce cuts
- Banco Santander initiates restructuring at SDS and Gravity subsidiaries following the completion of its global cloud platform migration.