Monzo is shuttering its US operations to focus on scaling in the UK and Europe; source: it will lay off ~50 employees and close clients' accounts in June (Aisha S Gani/Bloomberg)

Aisha S Gani / Bloomberg: Monzo is shuttering its US operations to focus on scaling in the UK and Europe; source: it will lay off ~50 employees and close clients' accounts in June — Monzo Bank Ltd. is shuttering its US operations after years of failing to gain a foothold on the world's largest market …