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August 21, 2026

Exclusive: Legal dispute emerges at Monzo cofounder's Monaco banking venture

Court filings reveal latest twist in Banque Havilland saga


Luxembourg-based Banque Havilland lost its European banking licence, following regulatory action over anti-money laundering controls.

A prominent Ukrainian tech investor has filed a lawsuit against Scottish tech billionaire Jim McColl after the pair launched a fintech venture alongside Monzo cofounder Jason Bates.

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Damisola Sulaiman

Damisola Sulaiman is Sifted's fintech reporter, based in London. She writes Sifted's weekly Fintech newsletter . You can find her on LinkedIn

Maya Dharampal-Hornby

Maya Dharampal-Hornby is a reporter, covering UK tech for Sifted, based in London. She's also the producer of Startup Europe — The Sifted Podcast .

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