Monzo Bank Monzo Bank (formerly known as Mondo) is a company that provides digital banking products and services. | Nubank Nubank (also known as Nu Holdings) is a company that develops digital financial services platforms. | |||
Founding Date | Founding Date 2015 | Founding Date 2016 | Founding Date 2015 | Founding Date 2013 |
Type | Type Private | Type Private | Type Subsidiary | Type Public |
Tags | ||||
Locations | Locations London, GB HQ Tallinn, EE | Locations Paris, FR HQ Paris, FR Berlin, DE Milan, IT Barcelona, ES | Locations London, GB HQ | Locations São Paulo, BR HQ |
Employees | Employees 1535% decrease | Employees 2,0451% increase | Employees 3,8133% increase | Employees 8,04933% increase |
Financial | ||||
Revenue (est.) | Revenue (est.) £10.3m (FY, 2019) | Revenue (est.) €37m (FY, 2020) | Revenue (est.) £355.6m (FY, 2023) | Revenue (est.) $4.8b (FY, 2022) |
Cost of goods | Cost of goods £14m (FY, 2019) | Cost of goods €17.3m (FY, 2020) | Cost of goods £141.1m (FY, 2023) | Cost of goods $3.1b (FY, 2022) |
Gross profit | Gross profit (£3.7m) (FY, 2019) | Gross profit €19.8m (FY, 2020) | Gross profit £214.5m (FY, 2023) | Gross profit $1.7b (FY, 2022) |
Net income | Net income £37.5m (FY, 2019) | Net income (€26.9m) (FY, 2020) | Net income (£116.3m) (FY, 2023) | Net income ($364.6m) (FY, 2022) |
Operating ⚠ | ||||
Customers | Customers N/A | Customers N/A | Customers 7.4 m (FY, 2023) | Customers 79.1 m (Q1, 2023) |
Product Categories | Product Categories 5 (Jun, 2021) | Product Categories 4 (Aug, 2023) | Product Categories N/A | Product Categories N/A |
Funding | ||||
Latest funding round | Latest funding round $ 90m (almost 5 years ago) | Latest funding round $ 115m (over 6 years ago) | Latest funding round N/A | Latest funding round N/A |
Total funding raised | Total funding raised $ 171m | Total funding raised $ 151.1m | Total funding raised $ 1.5b | Total funding raised $ 2.3b |

Qonto (also known as Olinda) is a company that offers business finance solutions.
View companyMonzo Bank (formerly known as Mondo) is a company that provides digital banking products and services.
View companyNubank (also known as Nu Holdings) is a company that develops digital financial services platforms.
View company