$1.6 billion challenger bank Monzo relaunches paid premium accounts with eye on profitability

· *London fintech challenger bank Monzo has launched a premium account service called Monzo Plus. *
· *This is the startup's second attempt at paid accounts following a botched launch effort in 2019. *
· *The service costs £5 ($6) a month and comes with a new blue holographic debit card. *
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