Monzo Bank Monzo Bank (formerly known as Mondo) is a company that provides digital banking products and services. | |||
Founding Date | Founding Date 2015 | Founding Date 2013 | Founding Date 2015 |
Type | Type Subsidiary | Type Private | Type Private |
Tags | |||
Locations | Locations London, GB HQ | Locations Berlin, DE HQ Vienna, AT São Paulo, BR Berlin, DE Berlin, DE Milano, IT New York, US | Locations London, GB HQ Tallinn, EE |
Employees | Employees 3,8133% increase | Employees 1,7561% increase | Employees 1535% decrease |
Financial | |||
Revenue (est.) | Revenue (est.) £355.6m (FY, 2023) | Revenue (est.) €43.6m (FY, 2018) | Revenue (est.) £10.3m (FY, 2019) |
Cost of goods | Cost of goods £141.1m (FY, 2023) | Cost of goods €14.5m (FY, 2018) | Cost of goods £14m (FY, 2019) |
Gross profit | Gross profit £214.5m (FY, 2023) | Gross profit €29.6m (FY, 2018) | Gross profit (£3.7m) (FY, 2019) |
Net income | Net income (£116.3m) (FY, 2023) | Net income (€39.9m) (FY, 2018) | Net income £37.5m (FY, 2019) |
Operating ⚠ | |||
Countries | Countries N/A | Countries 25 (Jun, 2020) | Countries 20 (Jan, 2018) |
Customers | Customers 7.4 m (FY, 2023) | Customers 5 m (Jun, 2020) | Customers N/A |
Funding | |||
Latest funding round | Latest funding round N/A | Latest funding round $ 100m (about 6 years ago) | Latest funding round $ 90m (over 4 years ago) |
Total funding raised | Total funding raised $ 1.5b | Total funding raised $ 782.8m | Total funding raised $ 171m |
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