Monzo launches mobile telephony service as MVNO

The UK Digital Bank Monzo prepares the launch of its new service allowing it to enter the telecommunications market. This one takes the form of aMonzo MobileA flexible mobile phone offering integrated into its banking application. It represents a new illustration of the convergence of digital services, driven by the ambition of the players to impose themselves in the daily lives of their customers on a larger scale, even if they leave their core business and break down the existing competitive barriers between different markets.