Business · 30 June 2026
Visa and Mastercard partner Monovate posts £8.3m annual loss
Jobs and future growth plans could be affected after the payments firm reported another yearly loss. Monovate recorded an £8.3m loss in 2025 after selling its European business, corrected an accounting mistake, and received £10m from new parent Exodus Movement following its acquisition on 30 April. Revenue reached £61.5m, while it handled more than £1bn in transactions.
Reported by City AM · How we write briefs