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Monzo Bank

Monzo Bank

Revenue

£79.4 M

FY, 2021

Market Valuation

$4.5 B

2021-12-08

Total Funding

$1.1 B

Monzo Bank Summary

Company summary

Overview
Monzo Bank (formerly known as Mondo) is a company developing a digital mobile-only bank and providing investment banking services. It enables users to receive push notifications about payments in real-time to phones and view historical transactions. Monzo also allows consumers to categorize transactions, freeze a card, mark company expenses, and overview spending habits.
Type
Private
Status
Active
Founded
2015
HQ
London, GB | view all locations
Website
https://monzo.com/
Cybersecurity rating
Sectors

Key people

  • Jonas Huckestein

    Jonas Huckestein, Co-Founder and CTO

  • Sujata Bhatia
  • Iain Laing
  • Dimitri Masin

    Dimitri Masin, VP Data Science, Financial Crime and Fraud

Operating MetricsView all

Total Spend

£18B
2152.4%

Sep, 2019

Average Daily Spend

£12

Y, 2016

Average Monthly Spend

£440

Y, 2016

LocationsView all

2 locations detected

  • London, England HQ

    United Kingdom

    5 Appold St

  • San Francisco, CA

    United States

    650 California St #1501

Monzo Bank Financials

Summary financials

Revenue (FY, 2021)
£79.4M
Gross profit (FY, 2021)
£62.2M
Net income (FY, 2021)
(£129.7M)
Cash (FY, 2021)
£3.0B

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