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by Nextgrid
1535 days ago
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Is it Andrews & Arnold? I remember their director blogging about moving the business to Monzo so they can get real-time webhooks for incoming payments. I've just checked and they still appear to be using Monzo as per their "bank details" page. |
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Nope, not them. I'm surprised they haven't been frozen given Monzo's stated policy[1]:
"Certain industries have higher risks, where we need to put extra checks and controls in place. We’re currently focusing on industries that don’t need these. In future, we might offer accounts to some of these industries. But we appreciate this is disappointing for some businesses at the moment."
Followed by a long list that includes "technology equipment, like lasers or telecommunications"
(For those wondering, telecoms wasn't there at the time the other guys had an account, and they were not selling equipment anyway)
[1] https://monzo.com/i/business/eligibility/