N26 will be leaving the UK

Re:N26 will be leaving the UK by p0llard on Tuesday February 11, 2020 @02:12PM (#22301577)

I've always found this slightly odd, since Monzo is an actual bank (and thus receives FSCS protection) whereas Revolut is not (and does not).

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Re:N26 will be leaving the UK by joshuaissac on Tuesday February 11, 2020 @02:21PM (#22301676)

Among people I have talked with, and whose bank cards I have seen, in and around London, Monzo is far more popular than Revolut.

Revolut does have the advantage that it lets users maintain balances in multiple currencies at the same time.

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Re:N26 will be leaving the UK by p0llard on Tuesday February 11, 2020 @02:29PM (#22301779)

> Among people I talk with, and whose bank cards I have seen, in and around London, Monzo is far more popular than Revolut.

This has also been my observation. Multi-currency support is something I would like to see come to Monzo, although I'm not sure what regulatory constraints this would apply; my understanding is that most conventional multi-currency accounts (e.g. CitiGold) actually involve multiple accounts in several countries with the parent international bank guaranteeing free transfers between the individual accounts at market rates.

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Re:N26 will be leaving the UK by the_mitsuhiko on Tuesday February 11, 2020 @05:56PM (#22303864)

Monzo does not exist outside of the UK (and now US?)

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