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Online bank Monzo plans to launch mobile phone service
The Guardian
|August 19, 2025
Monzo is looking to launch its own mobile phone service in the UK in a move that could heighten competition among big phone groups and secure further revenue for the growing digital bank.
The online-only lender, which was launched in 2015, is in the early stages of developing a digital sim card - a software version of the insertable chip used to connect a phone to cellular networks and the internet.
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