Monzo Bank competitorsClear all
Monzo Bank's top competitors include Monese, Revolut, Tandem, Starling Bank and Atom Bank.
 Monzo Bank Monzo Bank (formerly known as Mondo) is a company developing a digital mobile-only bank and providing investment banking services. |  Tandem Tandem is a provider of mobile retail banking services designed to optimize customers' relationship with banks.
|  Starling Bank Starling is a company operating as a bank that offers various account types such as personal, business, joint, euro, as well as child and teen accounts. |  Atom Bank Atom Bank is a digital financial company that provides banking services through a smartphone app. | |||
Founding Date | Founding Date 2015 | Founding Date 2015 | Founding Date 2015 | Founding Date 2013 | Founding Date 2014 | Founding Date 2014 |
Type | Type Private | Type Private | Type Private | Type Private | Type Private | Type Private |
Tags | ||||||
Locations | Locations London, GB HQ San Francisco, US | Locations London, GB HQ Tallinn, EE | Locations London, GB HQ Melbourne, AU São Paulo, BR Toronto, CA Berlin, DE Bengaluru, IN Mumbai, IN see more | Locations London, GB HQ London, GB | Locations London, GB HQ | Locations Durham, GB HQ |
Employees | Employees 1,33218% increase | Employees 2906% increase | Employees 2,1585% decrease | Employees 142 | Employees 1,24514% increase | Employees 40213% increase |
Valuation ($) | Valuation ($) 4.5 b | Valuation ($) N/A | Valuation ($) 33 b | Valuation ($) 93.9 m | Valuation ($) 1.5 b | Valuation ($) 1.3 b |
Twitter followers | Twitter followers 138.9 k | Twitter followers 31.4 k | Twitter followers 300.7 k | Twitter followers 9.2 k | Twitter followers 64.4 k | Twitter followers 24.4 k |
Number of tweets (last 30 days) | Number of tweets (last 30 days) 875 | Number of tweets (last 30 days) 81 | Number of tweets (last 30 days) 982 | Number of tweets (last 30 days) 71 | Number of tweets (last 30 days) 604 | Number of tweets (last 30 days) 13 |
Average likes per tweet (last 30 days) | Average likes per tweet (last 30 days) 5.4 | Average likes per tweet (last 30 days) 0.3 | Average likes per tweet (last 30 days) 0.7 | Average likes per tweet (last 30 days) 0.8 | Average likes per tweet (last 30 days) 2 | Average likes per tweet (last 30 days) 2.8 |
Percentage of tweets with engagement (last 30 days) | Percentage of tweets with engagement (last 30 days) 35.43% | Percentage of tweets with engagement (last 30 days) 14.81% | Percentage of tweets with engagement (last 30 days) 14.97% | Percentage of tweets with engagement (last 30 days) 50.7% | Percentage of tweets with engagement (last 30 days) 39.07% | Percentage of tweets with engagement (last 30 days) 61.54% |
Alexa Website Rank | Alexa Website Rank 151366 | Alexa Website Rank 355423 | Alexa Website Rank 10011 | Alexa Website Rank N/A | Alexa Website Rank 287376 | Alexa Website Rank 367598 |
Employee Rating | Employee Rating 3.7 | Employee Rating 3.6 | Employee Rating 3.9 | Employee Rating 4 | Employee Rating 3.9 | Employee Rating 4 |
Financial | ||||||
Revenue (est.) | Revenue (est.) £79.4m (FY, 2021) | Revenue (est.) £10.3m (FY, 2019) | Revenue (est.) £222.1m (FY, 2020) | Revenue (est.) £21.2m (FY, 2018) | Revenue (est.) £108.8m (FY, 2020) | Revenue (est.) £42.3m (FY, 2021) |
Cost of goods | Cost of goods £17.2m (FY, 2021) | Cost of goods £14m (FY, 2019) | Cost of goods £152.4m (FY, 2020) | Cost of goods N/A | Cost of goods £11.2m (FY, 2020) | Cost of goods £31.8m (FY, 2021) |
Gross profit | Gross profit £62.2m (FY, 2021) | Gross profit (£3.7m) (FY, 2019) | Gross profit £69.7m (FY, 2020) | Gross profit N/A | Gross profit £97.6m (FY, 2020) | Gross profit £10.5m (FY, 2021) |
Net income | Net income (£129.7m) (FY, 2021) | Net income £37.5m (FY, 2019) | Net income (£206m) (FY, 2020) | Net income (£26.6m) (FY, 2018) | Net income (£23.3m) (FY, 2020) | Net income (£62.3m) (FY, 2021) |
Operating ⚠ | ||||||
Countries | Countries N/A | Countries 20 (Jan, 2018) | Countries N/A | Countries N/A | Countries 37 (Aug, 2018) | Countries N/A |
Currencies | Currencies N/A | Currencies N/A | Currencies 30 (May, 2022) | Currencies N/A | Currencies 19 (Aug, 2018) | Currencies N/A |
Customers | Customers N/A | Customers N/A | Customers 18 m (May, 2022) | Customers 800 k (Mar, 2020) | Customers N/A | Customers N/A |
Deposits from Customers | Deposits from Customers £3.1m (FY, 2021) | Deposits from Customers N/A | Deposits from Customers N/A | Deposits from Customers N/A | Deposits from Customers N/A | Deposits from Customers £2.2b (FY, 2021) |
Monthly Transactions | Monthly Transactions N/A | Monthly Transactions N/A | Monthly Transactions 150 m (May, 2022) | Monthly Transactions N/A | Monthly Transactions 10 m (Aug, 2019) | Monthly Transactions N/A |
Users | Users 5 m (FY, 2021) | Users 2 m (Jun, 2021) | Users N/A | Users N/A | Users N/A | Users 14 k (Mar, 2017) |
Funding | ||||||
Latest funding round | Latest funding round $ 475m (6 months ago) | Latest funding round $ 90m (8 months ago) | Latest funding round $ 800m (11 months ago) | Latest funding round $ 78m (about 2 years ago) | Latest funding round $ 69.2m (about 1 year ago) | Latest funding round $ 12.1m (almost 3 years ago) |
Total funding raised | Total funding raised $ 1.1b | Total funding raised $ 171m | Total funding raised $ 1.7b | Total funding raised $ 174.4m | Total funding raised $ 922.7m | Total funding raised $ 640m |
For sources of this data, please see the company profile
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Monese
HQ
London, GB
Employees
290↑ 6% increase
Monese is a company that develops a mobile app enabling users to manage their money online.
View company
Revolut
HQ
London, GB
Employees
2,158↓ 5% decrease
Revolut is a financial technology company that provides a range of online banking services.
View companyTandem
HQ
London, GB
Employees
142
Tandem is a provider of mobile retail banking services designed to optimize customers' relationship with banks.
View companyStarling Bank
HQ
London, GB
Employees
1,245↑ 14% increase
Starling is a company operating as a bank that offers various account types such as personal, business, joint, euro, as well as child and teen accounts.
View company