Monzo Bank competitorsClear all
Monzo Bank's top competitors include 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 2013 | Founding Date 2014 | Founding Date 2014 |
Type | Type Private | Type Private | Type Private | Type Private | Type Private |
Tags | |||||
Locations | Locations London, GB HQ | Locations London, GB HQ London, GB | Locations Greater London, GB HQ | Locations Durham, GB HQ Blyth, GB | |
Employees | Employees 1,128158% increase | Employees 2,261257% increase | Employees 1361% increase | Employees 7952% increase | Employees 363 |
Valuation ($) | Valuation ($) 1.6 b | Valuation ($) 5.5 b | Valuation ($) 93.9 m | Valuation ($) 1.5 b | Valuation ($) 1.3 b |
Twitter followers | Twitter followers 126.1 k | Twitter followers 239.6 k | Twitter followers 9.2 k | Twitter followers 57.8 k | Twitter followers 24 k |
Number of tweets (last 30 days) | Number of tweets (last 30 days) 812 | Number of tweets (last 30 days) 1 k | Number of tweets (last 30 days) 71 | Number of tweets (last 30 days) 834 | Number of tweets (last 30 days) 17 |
Average likes per tweet (last 30 days) | Average likes per tweet (last 30 days) 5.6 | Average likes per tweet (last 30 days) 0.2 | Average likes per tweet (last 30 days) 0.8 | Average likes per tweet (last 30 days) 1.8 | Average likes per tweet (last 30 days) 6.2 |
Percentage of tweets with engagement (last 30 days) | Percentage of tweets with engagement (last 30 days) 34.98% | Percentage of tweets with engagement (last 30 days) 15% | Percentage of tweets with engagement (last 30 days) 50.7% | Percentage of tweets with engagement (last 30 days) 32.49% | Percentage of tweets with engagement (last 30 days) 88.24% |
Alexa Website Rank | Alexa Website Rank 78962 | Alexa Website Rank 7940 | Alexa Website Rank 403644 | Alexa Website Rank 233372 | Alexa Website Rank 312652 |
Employee Rating | Employee Rating 3.6 | Employee Rating 3.2 | Employee Rating 4 | Employee Rating 3.8 | Employee Rating 4.2 |
Financial | |||||
Revenue (est.) | Revenue (est.) £67.2m (FY, 2020) | Revenue (est.) £162.7m (FY, 2019) | 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 £177.9m (FY, 2019) | 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 (£15.2m) (FY, 2019) | 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 (£105.9m) (FY, 2019) | Net income (£26.6m) (FY, 2018) | Net income (£52.1m) (FY, 2019) | Net income (£66.5m) (FY, 2020) |
Operating ⚠ | |||||
Currencies | Currencies N/A | Currencies 30 (Feb, 2021) | Currencies N/A | Currencies 19 (Aug, 2018) | Currencies N/A |
Customers | Customers N/A | Customers 12 m (Feb, 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 £1.9b (FY, 2020) |
Users | Users 5 m (Feb, 2021) | Users N/A | Users N/A | Users N/A | Users 14 k (Mar, 2017) |
Funding | |||||
Latest funding round | Latest funding round $ 80.3m (4 months ago) | Latest funding round $ 80m (9 months ago) | Latest funding round $ 78m (about 1 year ago) | Latest funding round $ 377.3m (about 1 month ago) | Latest funding round $ 12.1m (over 1 year ago) |
Total funding raised | Total funding raised $ 573.3m | Total funding raised $ 916.5m | Total funding raised $ 174.4m | Total funding raised $ 853.5m | Total funding raised $ 584.5m |
For sources of this data, please see the company profile
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Revolut
HQ
London, GB
Employees
2,261
Revolut is a fintech company that provides a range of banking services online.
View companyTandem
HQ
London, GB
Employees
136↑ 1% increase
Tandem is a provider of mobile retail banking services designed to optimize customers' relationship with banks.
View companyStarling Bank
HQ
Greater London, GB
Employees
795↑ 2% 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 companyAtom Bank
HQ
Durham, GB
Employees
363
Atom Bank is a digital financial company that provides banking services through a smartphone app.
View company