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Wise's competitors and similar companies include Monzo Bank.
Wise
Wise
Wise (formerly known as Newco) is a financial technology company that provides money transfer and online currency exchange solutions.
Monzo Bank
Monzo Bank
Monzo Bank (formerly known as Mondo) is a company that provides digital banking products and services.
Founding Date
Founding Date
2011
Founding Date
2015
Type
Type
Public
Type
Subsidiary
Tags
Locations
Locations
London, GB HQ
Melbourne, AU
Sydney, AU
Sydney, AU
Brussels, BE
Brussels, BE
São Paulo, BR
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Locations
London, GB HQ
Employees
Employees
6,000
Employees
3,8133% increase

Financial

Revenue (est.)
Revenue (est.)
£1.2b (FY, 2025)
Revenue (est.)
£355.6m (FY, 2023)
Cost of goods
Cost of goods
£263.1m (FY, 2025)
Cost of goods
£141.1m (FY, 2023)
Gross profit
Gross profit
£955.9m (FY, 2025)
Gross profit
£214.5m (FY, 2023)
Net income
Net income
£416.7m (FY, 2025)
Net income
(£116.3m) (FY, 2023)

Operating

Customers
Customers
10 m (FY, 2023)
Customers
7.4 m (FY, 2023)
Deposits from Customers
Deposits from Customers
£10.7b (FY, 2023)
Deposits from Customers
£5.9b (FY, 2023)

Funding

Total funding raised
Total funding raised
$ 1b
Total funding raised
$ 1.5b
For sources of this data, please see the company profile

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Monzo Bank
HQ
London, GB

Monzo Bank (formerly known as Mondo) is a company that provides digital banking products and services.

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