Monzo Bank competitorsClear all
Monzo Bank's top competitors include Monese, Revolut, Tandem, Starling Bank and Atom Bank.
| Save Comparison |  Monzo Bank Monzo Bank (formerly 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 | Locations London, GB HQ Tallinn, EE Berlin, DE Lisbon, PT | Locations London, GB HQ London, GB | Locations London, GB HQ | Locations Durham, GB HQ | |
Employees | Employees 1,128158% increase | Employees 2482% increase | Employees 2,1585% decrease | Employees 1353% decrease | Employees 8984% increase | Employees 357 |
Valuation ($) | Valuation ($) 1.6 b | Valuation ($) N/A | Valuation ($) 33 b | Valuation ($) 93.9 m | Valuation ($) 1.5 b | Valuation ($) 1.3 b |
Twitter followers | Twitter followers 127.7 k | Twitter followers 30.4 k | Twitter followers 254.1 k | Twitter followers 9.2 k | Twitter followers 59.4 k | Twitter followers 24.1 k |
Number of tweets (last 30 days) | Number of tweets (last 30 days) 790 | Number of tweets (last 30 days) 582 | Number of tweets (last 30 days) 932 | Number of tweets (last 30 days) 71 | Number of tweets (last 30 days) 695 | Number of tweets (last 30 days) 16 |
Average likes per tweet (last 30 days) | Average likes per tweet (last 30 days) 2.9 | Average likes per tweet (last 30 days) 0 | Average likes per tweet (last 30 days) 0.5 | Average likes per tweet (last 30 days) 0.8 | Average likes per tweet (last 30 days) 2.3 | Average likes per tweet (last 30 days) 4.9 |
Percentage of tweets with engagement (last 30 days) | Percentage of tweets with engagement (last 30 days) 32.66% | Percentage of tweets with engagement (last 30 days) 1.72% | Percentage of tweets with engagement (last 30 days) 19.64% | Percentage of tweets with engagement (last 30 days) 50.7% | Percentage of tweets with engagement (last 30 days) 35.68% | Percentage of tweets with engagement (last 30 days) 93.75% |
Alexa Website Rank | Alexa Website Rank 78962 | Alexa Website Rank N/A | Alexa Website Rank 7940 | Alexa Website Rank 403644 | Alexa Website Rank 233372 | Alexa Website Rank 376936 |
Employee Rating | Employee Rating 3.5 | Employee Rating N/A | Employee Rating 3.4 | Employee Rating 4 | Employee Rating 3.8 | Employee Rating 4.3 |
Financial | ||||||
Revenue (est.) | Revenue (est.) £67.2m (FY, 2020) | Revenue (est.) £10.3m (FY, 2019) | Revenue (est.) £222.1m (FY, 2020) | Revenue (est.) £21.2m (FY, 2018) | Revenue (est.) £18.7m (FY, 2019) | Revenue (est.) £46.5m (FY, 2020) |
Cost of goods | Cost of goods £31.5m (FY, 2020) | Cost of goods £14m (FY, 2019) | Cost of goods £152.4m (FY, 2020) | Cost of goods N/A | Cost of goods £4.5m (FY, 2019) | Cost of goods £63.4m (FY, 2020) |
Gross profit | Gross profit £35.7m (FY, 2020) | Gross profit (£3.7m) (FY, 2019) | Gross profit £69.7m (FY, 2020) | Gross profit N/A | Gross profit £14.2m (FY, 2019) | Gross profit (£16.9m) (FY, 2020) |
Net income | Net income (£113.8m) (FY, 2020) | Net income £37.5m (FY, 2019) | Net income (£206m) (FY, 2020) | Net income (£26.6m) (FY, 2018) | Net income (£52.1m) (FY, 2019) | Net income (£66.5m) (FY, 2020) |
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 (Jul, 2021) | Currencies N/A | Currencies 19 (Aug, 2018) | Currencies N/A |
Customers | Customers N/A | Customers N/A | Customers 15 m (Jul, 2021) | Customers 800 k (Mar, 2020) | Customers N/A | Customers N/A |
Deposits from Customers | Deposits from Customers £1.4b (FY, 2020) | Deposits from Customers N/A | Deposits from Customers N/A | Deposits from Customers N/A | Deposits from Customers N/A | Deposits from Customers £1.9b (FY, 2020) |
Users | Users 5 m (Feb, 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 $ 68.7m (6 months ago) | Latest funding round $ 3.2m (about 2 years ago) | Latest funding round $ 800m (15 days ago) | Latest funding round $ 78m (over 1 year ago) | Latest funding round $ 69.2m (3 months ago) | Latest funding round $ 12.1m (almost 2 years ago) |
Total funding raised | Total funding raised $ 641.9m | Total funding raised $ 81m | 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
248↑ 2% 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 banking services online.
View companyTandem
HQ
London, GB
Employees
135↓ 3% decrease
Tandem is a provider of mobile retail banking services designed to optimize customers' relationship with banks.
View companyStarling Bank
HQ
London, GB
Employees
898↑ 4% 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