Monzo Bank Monzo Bank (formerly known as Mondo) is a company that provides digital banking products and services. | |||||
Founding Date | Founding Date 2010 | Founding Date 2016 | Founding Date 2013 | Founding Date 2015 | Founding Date 2015 |
Type | Type Private | Type Private | Type Private | Type Private | Type Subsidiary |
Tags | |||||
Locations | Locations Fort Lauderdale, US HQ | Locations Paris, FR HQ Paris, FR Berlin, DE Milan, IT Barcelona, ES | 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 303% decrease | Employees 2,0451% increase | Employees 1,7561% increase | Employees 2813% decrease | Employees 3,8133% increase |
Valuation ($) | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) 3.5 b | Valuation ($) 250 m | Valuation ($) N/A |
Financial | |||||
Revenue (est.) | Revenue (est.) N/A | Revenue (est.) €37m (FY, 2020) | Revenue (est.) €43.6m (FY, 2018) | Revenue (est.) N/A | Revenue (est.) £355.6m (FY, 2023) |
Cost of goods | Cost of goods N/A | Cost of goods €17.3m (FY, 2020) | Cost of goods €14.5m (FY, 2018) | Cost of goods N/A | Cost of goods £141.1m (FY, 2023) |
Gross profit | Gross profit N/A | Gross profit €19.8m (FY, 2020) | Gross profit €29.6m (FY, 2018) | Gross profit N/A | Gross profit £214.5m (FY, 2023) |
Net income | Net income N/A | Net income (€26.9m) (FY, 2020) | Net income (€39.9m) (FY, 2018) | Net income N/A | Net income (£116.3m) (FY, 2023) |
Operating ⚠ | |||||
Customers | Customers N/A | Customers N/A | Customers 5 m (Jun, 2020) | Customers N/A | Customers 7.4 m (FY, 2023) |
Trademarks (US) | Trademarks (US) 4 (May, 2022) | Trademarks (US) 1 (Aug, 2023) | Trademarks (US) N/A | Trademarks (US) N/A | Trademarks (US) N/A |
Funding | |||||
Latest funding round | Latest funding round $ 23m (over 8 years ago) | Latest funding round $ 115m (over 6 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 $ 47.4m | Total funding raised $ 151.1m | Total funding raised $ 782.8m | Total funding raised $ 168.5m | Total funding raised $ 1.5b |

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