Monzo Bank Monzo Bank (formerly known as Mondo) is a company that provides digital banking products and services. | ||||
Founding Date | Founding Date 2015 | Founding Date 2013 | Founding Date 2015 | Founding Date 2015 |
Type | Type Private | Type Private | Type Private | Type Subsidiary |
Tags | ||||
Locations | Locations London, GB HQ Tallinn, EE | Locations Berlin, DE HQ Vienna, AT São Paulo, BR Berlin, DE Berlin, DE Milano, IT New York, US | Locations London, GB HQ Vilnius, LT | Locations London, GB HQ |
Employees | Employees 1535% decrease | Employees 1,7561% increase | Employees 2813% decrease | Employees 3,8133% increase |
Valuation ($) | Valuation ($) N/A | Valuation ($) 3.5 b | Valuation ($) 250 m | Valuation ($) N/A |
Financial | ||||
Revenue (est.) | Revenue (est.) £10.3m (FY, 2019) | Revenue (est.) €43.6m (FY, 2018) | Revenue (est.) N/A | Revenue (est.) £355.6m (FY, 2023) |
Cost of goods | Cost of goods £14m (FY, 2019) | Cost of goods €14.5m (FY, 2018) | Cost of goods N/A | Cost of goods £141.1m (FY, 2023) |
Gross profit | Gross profit (£3.7m) (FY, 2019) | Gross profit €29.6m (FY, 2018) | Gross profit N/A | Gross profit £214.5m (FY, 2023) |
Net income | Net income £37.5m (FY, 2019) | Net income (€39.9m) (FY, 2018) | Net income N/A | Net income (£116.3m) (FY, 2023) |
Operating ⚠ | ||||
Countries | Countries 20 (Jan, 2018) | Countries 25 (Jun, 2020) | Countries N/A | Countries N/A |
Customers | Customers N/A | Customers 5 m (Jun, 2020) | Customers N/A | Customers 7.4 m (FY, 2023) |
Users | Users 2 m (Jun, 2021) | Users N/A | Users 500 k (Jul, 2019) | Users N/A |
Funding | ||||
Latest funding round | Latest funding round $ 90m (almost 5 years ago) | Latest funding round $ 100m (about 6 years ago) | Latest funding round $ 94.9m (over 5 years ago) | Latest funding round N/A |
Total funding raised | Total funding raised $ 171m | Total funding raised $ 782.8m | Total funding raised $ 168.5m | Total funding raised $ 1.5b |
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