Monzo acquires Habito as it secures full European banking licence #
Monzo has agreed to acquire digital mortgage broker Habito, a move that expands the UK challenger bank’s presence in home-buying and lending services. The acquisition brings Habito’s mortgage distribution capabilities into Monzo’s platform, allowing the bank to integrate mortgage discovery and application journeys more closely with its existing current account and savings products
Separately, Monzo has also secured a full European banking licence, enabling it to operate more broadly across the EU under a regulated framework. The licence supports the bank’s longer-term international growth plans and reduces its reliance on partnerships for cross-border services. Monzo said the two developments strengthen its ability to offer a wider range of financial products while maintaining regulatory oversight as it expands beyond the UK