Memo Bank Competitors and Similar CompaniesClear all

Memo Bank's competitors and similar companies include NatWest Group and Tandem.

	Memo Bank Memo Bank (formerly known as Margo Bank) is a bank company for small and medium businesses.	NatWest Group NatWest Group (formerly known as The Royal Bank of Scotland Group, RBSG) is a banking and financial services company.	Tandem Tandem is a provider of mobile retail banking services designed to optimize customers' relationship with banks.
Founding Date	Founding Date 2017	Founding Date 1968	Founding Date 2013
Type	Type Private	Type Public	Type Private
Tags	Tags Financial Services Technology banks commercial banks fintech	Tags Financial Services banks commercial banks fintech holding company	Tags Financial Services application software banks commercial banks fintech
Locations	Locations Paris, FR HQ Paris, FR	Locations Edinburgh, GB HQ Paris, FR Frankfurt Am Main, DE Hong Kong, HK Bengaluru, IN Chennai, IN Chennai, IN see more	Locations London, GB HQ London, GB
Employees	Employees 992% increase	Employees 59,400	Employees 4021% increase
Valuation ($)	Valuation ($) N/A	Valuation ($) 39.9 b	Valuation ($) 93.9 m
Financial
Revenue (est.)	Revenue (est.) N/A	Revenue (est.) £16.7b (FY, 2022)	Revenue (est.) £21.2m (FY, 2018)
Net income	Net income N/A	Net income £3.6b (FY, 2022)	Net income (£26.6m) (FY, 2018)
Operating ⚠
Customers	Customers N/A	Customers 19 m (FY, 2022)	Customers 800 k (Mar, 2020)
Funding
Latest funding round	Latest funding round $ 22.6m (about 6 years ago)	Latest funding round N/A	Latest funding round $ 78m (over 6 years ago)
Total funding raised	Total funding raised $ 30.5m	Total funding raised N/A	Total funding raised $ 174.4m